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  • Asian LNG prices edge higher on Indian, Chinese demand Mar 05, 2021 03:11 PM IST

    Asian LNG prices edge higher on Indian, Chinese demand

    The average LNG price for April delivery into Northeast Asia was estimated at about $5.70 per million British thermal units (mmBtu), up about 10 cents from the previous week, sources said.

  • PM's assurance on natural gas inclusion under GST spells new investment opportunities Feb 19, 2021 08:55 AM IST

    PM's assurance on natural gas inclusion under GST spells new investment opportunities

    When natural gas is brought under the ambit of GST, the government should ensure that it also includes distribution of gas and regasification of LNG

  • Oil ministry comes out with draft LNG policy, eyes 70 MTPA capacity by 2030 Feb 18, 2021 02:18 PM IST

    Oil ministry comes out with draft LNG policy, eyes 70 MTPA capacity by 2030

    To boost the usage of LNG as a transport fuel, the policy aims to convert 10 percent of long-haul heavy-duty trucks in India to LNG-compatible models.

  • Severe winter exposes energy vulnerability across the globe Feb 17, 2021 09:18 AM IST

    Severe winter exposes energy vulnerability across the globe

    A scramble for gas has led to LNG prices and charter rates shooting up

  • ONGC Q3 profit falls 67% on drop in oil, gas prices Feb 13, 2021 10:47 PM IST

    ONGC Q3 profit falls 67% on drop in oil, gas prices

    The ONGC board also approved formation of a new wholly-owned subsidiary company for focusing on gas and LNG business value chain subject to necessary approvals.

  • India to see Rs 10,000 crore investment in LNG stations: Oil Minister Dharmendra Pradhan Nov 19, 2020 04:47 PM IST

    India to see Rs 10,000 crore investment in LNG stations: Oil Minister Dharmendra Pradhan

    So far, India uses petrol, diesel, CNG and auto-LPG as fuels to run automobiles. LNG is a new fuel that can be dispensed from outlets similar to petrol pumps, and is used not just in long long-haul buses and trucks but also in running mining equipment, as bunker fuel, and rail locomotives.

  • GAIL: This gas stock has not run up much and still has ample scope for returns Nov 12, 2020 10:27 AM IST

    GAIL: This gas stock has not run up much and still has ample scope for returns

    Post a challenging Q1, GAIL’s performance in Q2 has been notable, with a recovery in volumes in all major segments

  • Centre planning benchmark-linked floor price for locally produced natural gas: Report Sep 25, 2020 09:52 PM IST

    Centre planning benchmark-linked floor price for locally produced natural gas: Report

    The Ministry of Petroleum and Natural Gas has formed a panel to study the plan and explore other options to make gas production remunerative

  • GAIL should stop complaining and use the present crisis to its advantage Jul 30, 2020 09:45 AM IST

    GAIL should stop complaining and use the present crisis to its advantage

    The glut in the LNG market is hurting both buyers and sellers and as in the case of crude oil, gas is finding its way into storage tanks

  • India to end federal control of gas prices, lift LNG transport use Jun 26, 2020 08:12 PM IST

    India to end federal control of gas prices, lift LNG transport use

    To boost gas usage, India is expanding infrastructure including building new liquefied natural gas (LNG) import plants and connecting households with an expanding gas pipe network.

  • India Gas Exchange can help revolutionise gas infrastructure in the country Jun 17, 2020 09:26 AM IST

    India Gas Exchange can help revolutionise gas infrastructure in the country

    IGX would help establish a market-driven pricing mechanism for gas in the country

  • Saudi Aramco's shipping arm puts LNG tanker requirement on hold: Sources May 21, 2020 03:28 PM IST

    Saudi Aramco's shipping arm puts LNG tanker requirement on hold: Sources

    The firm issued an expression of interest (EOI) last year to charter up to 12 vessels from 2025 in its first foray into LNG.

  • Virus lockdowns pummel global gas demand, force LNG output cuts May 07, 2020 07:22 AM IST

    Virus lockdowns pummel global gas demand, force LNG output cuts

    Economies worldwide have ground to a halt as virus containment measures have taken their toll, slashing gas demand for power generation, heating, cooking, vehicles and chemical manufacture. The world's biggest LNG markets - Japan, China, South Korea and India - are all seeing a drop in demand.

  • Oil hits a crash course. What it means for macros and Indian markets Mar 09, 2020 04:39 PM IST

    Oil hits a crash course. What it means for macros and Indian markets

  • Asian spot LNG prices edge higher as supply tightens Mar 06, 2020 05:49 PM IST

    Asian spot LNG prices edge higher as supply tightens

    The average LNG price for April delivery into northeast Asia is estimated at about $3.20 per million British thermal units (MMBtu), 20 cents higher from the previous week, but still, near-record low prices, several traders said.

  • India set to import record LNG volumes as spot prices slump on virus impact Feb 20, 2020 03:17 PM IST

    India set to import record LNG volumes as spot prices slump on virus impact

    The South Asian nation is estimated to import about 2.36 million tonnes in February, shiptracking data from Refinitiv Eikon showed. That would exceed India's LNG imports in October of about 2.3 million tonnes, the previous highest monthly total.

  • Reporter's Take | Govt to push use of LNG for intercity buses Feb 17, 2020 06:00 PM IST

    Reporter's Take | Govt to push use of LNG for intercity buses

    Moneycontrol's Shraddha Sharma gets in conversation with Swaraj Baggonkar to talk about the government's push towards LNG.

  • Qatar delays partnerships for natural gas expansion amid price collapse: Sources Feb 17, 2020 10:10 AM IST

    Qatar delays partnerships for natural gas expansion amid price collapse: Sources

    State-run Qatar Petroleum (QP) declined to comment on the reported delay, which comes as the global gas industry faces the major challenge of a supply glut due to booming U.S. production and a drop in Chinese demand.

  • Let gasping gas plants breathe freely Feb 17, 2020 08:50 AM IST

    Let gasping gas plants breathe freely

    A sharp drop in natural gas prices offers government the opportunity to reignite gas-based power units

  • Explained | Why LNG prices are falling and what's the outlook Feb 15, 2020 09:54 AM IST

    Explained | Why LNG prices are falling and what's the outlook

    The impact of China's coronavirus outbreak on LNG market could worsen in the coming weeks as economic activity in manufacturing hubs struggles to rebound, keeping a lid on natural gas demand and triggering more LNG trade flow disruptions.

  • Free falling LNG – one of the worst affected victims of coronavirus Feb 12, 2020 09:38 AM IST

    Free falling LNG – one of the worst affected victims of coronavirus

    While coronavirus has accelerated the fall in the last few months, there is also a structural weakness in LNG prices, which the current crisis has exposed

  • GAIL ferries LNG in trucks over 1,700 km to fuel gas demand in east Jan 21, 2020 03:21 PM IST

    GAIL ferries LNG in trucks over 1,700 km to fuel gas demand in east

    With gas pipelines yet to reach most parts of eastern India, GAIL has hired specialised cryogenic bullet trucks to transport imported liquefied natural gas from Dahej in Gujarat to Bhubaneshwar, where it is used as CNG to fuel automobiles and piped gas as cooking fuel in kitchens, company Chairman and Managing Director Ashutosh Karnatak said.

  • Indian Oil Corp seeks six LNG cargoes for April-Dec delivery: Sources Jan 14, 2020 08:25 AM IST

    Indian Oil Corp seeks six LNG cargoes for April-Dec delivery: Sources

    The refiner was seeking the cargoes on a delivered ex-ship (DES) basis, one of the sources said.

  • BPCL seeks LNG cargo for January delivery: Sources Dec 10, 2019 02:41 PM IST

    BPCL seeks LNG cargo for January delivery: Sources

    The tender closes on December 10 and is valid until December 12, one of them said.

  • Saudi Aramco's shipping arm looks to charter tankers in LNG foray: Sources Dec 09, 2019 11:05 AM IST

    Saudi Aramco's shipping arm looks to charter tankers in LNG foray: Sources

    No further details were immediately available and Saudi Aramco declined to comment. EOIs are preliminary enquiries that may or may not turn into full-fledged orders.

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