The government intends to use biomass, widely and cheaply available in India, as a fuel to reduce dependency on imported natural gas.
NZ vs PNG, T20 World Cup 2024 Match Report: Ferguson was the star of the show, delivering a sensational performance that etched his name into the T20I record books.
New Zealand and Papua New Guinea are all set to battle it out at the Brian Lara Stadium in Tarouba as they feature for the last time in the 2024 T20 World Cup.
The company reported a consolidated net profit of Rs 317.18 crore for the December 2023 quarter, up 84 percent from a year earlier on lower costs.
The oil ministry has mandated blending of compressed biogas in compressed natural gas and piped natural gas, targeting 1 percent blending by financial year 2025-26.
For IGL, the one driving factor is the discount enjoyed by CNG over other auto fuels. This alone makes CNG a natural choice for vehicle owners
MGL had reduced prices of CNG and PNG in April by Rs 8 per kg and Rs 5 per SCM, respectively, while in October, it had cut prices by Rs 3 / kg and Rs 2 / SCM.
In the 12th CGD bidding round, the government has offered seven geographical areas (GAs) spread over five states and two union territories, covering 92 districts. The five states include Arunachal Pradesh, Meghalaya, Manipur, Nagaland and Sikkim.
The revised retail price of CNG will be Rs 76/kg and that of domestic PNG Rs 47/SCM effective from midnight of October 1
Although the islands are mostly small in size, it is their extended Exclusive Economic Zones—about 200 to 230 miles -- as well as their location that enhances their strategic importance.
PM Modi held talks with his Papua New Guinea counterpart James Marape on May 22 took stock of their bilateral relations and discussed ways to further augment cooperation in areas like commerce, technology, healthcare and climate change.
Low gas prices drive volume recovery. Margins remain stable.
Of the earmarked amount, almost 50- 60 percent goes in domestic PNG and the balance goes in CNG segment and operational capex, said MGL Managing Director Ashu Singhal.
The revision comes after the Cabinet Committee on Economic Affairs on April 6 approved the new pricing formula for domestic natural gas in India.
According to government data, over one crore PNG connections had been provided by city gas distribution companies as of January 31.
GAIL cut domestic PNG prices by Rs 7 per SCM (standard cubic meter) in Bengaluru and Dakshin Kannada and Rs 6 per SCM in all its other geographical areas.
The move comes on the heels of the Centre revising the pricing methodology of domestically-produced natural gas on Thursday as proposed by the Kirit Parikh committee and following it with the new price announcement earlier in the day.
As per the new government guidelines for fixing domestic natural gas prices, your bills may go down by up to 10 percent in the immediate term. But how long will it stay there?
Analysts said the panel’s recommendations, if implemented from April 1, are expected to bring immediate relief for consumers.
Our specially curated package of the most interesting articles to help you stay at the top of your game
Also, this will be the third increase in rates since April 2019 and comes on the back of firming benchmark international prices.
The price of PNG has been reduced by Rs 4 per standard cubic metre to Rs 48.50 per SCM, while that of CNG by Rs 6 a kilogram to Rs 80 per kg.
The price revision comes amidst rising prices of the natural gas at source both internationally as well as for domestically drilled gas. Rising prices have forced suppliers and distributors to cut down on industrial supplies since the past many weeks.
Fourth-quarter performance was better than September’s as international gas prices eased from $50/MMBtu to $20-25/MMBtu. However, the shortage of APM gas continued in the quarter
Besides the shortfall in the allocation, the prices of APM gas for CNG and PNG have been revised from USD 2.90 per million British thermal unit to USD 6.10, an increase of 110 per cent.