Liquefied Natural-gas

Showing of 1 - 20 from 26 results
Liquefied Natural-gas - Total results - 26
India wants Qatar to lower gas price; Gulf nation refuses to reopen existing long-term supply contracts
Business

India wants Qatar to lower gas price; Gulf nation refuses to reopen existing long-term supply contracts

India on Monday pressed its largest LNG supplier Qatar to lower the price of gas under the existing long-term supply contracts, a request that Doha turned down saying sanctity of contracts is important for the credibility of both sides

Petronet LNG shares surge 7% after company posts 90% jump in net profit in September quarter
Business

Petronet LNG shares surge 7% after company posts 90% jump in net profit in September quarter

Petronet LNG shares gained nearly 7 percent on Wednesday after the company reported nearly doubling of net profit in the September quarter on the back of improved margins

Shell exits city gas business in India, sells 10% stake in Mahanagar Gas Ltd for Rs 770 crore in open market
Business

Shell exits city gas business in India, sells 10% stake in Mahanagar Gas Ltd for Rs 770 crore in open market

BG Asia Pacific Holdings (BGAPH), a wholly-owned subsidiary of Shell, sold 9.98 million shares in the company through block deals at Rs 780 apiece

Saudi Aramco signs 20-yr deal with US-based Sempra Energy to purchase liquefied natural gas
Business

Saudi Aramco signs 20-yr deal with US-based Sempra Energy to purchase liquefied natural gas

Saudi Aramco has entered into a 20-year agreement with U.S.-based Sempra Energy to purchase liquefied natural gas(LNG) from its subsidiary Sempra LNG, the two companies said on Wednesday

High oil prices hurt consumers, affect current account deficits of many countries: IEA chief Fatih Birol
Business

High oil prices hurt consumers, affect current account deficits of many countries: IEA chief Fatih Birol

The effect of high oil prices will be compounded in Southeast Asia as demand is rising fast but production is falling, resulting in the region becoming a net importer of oil, gas and coal, Birol said.

Govt looks to relax norms for setting up petrol pumps; keen on getting more private players into fuel retailing
Business

Govt looks to relax norms for setting up petrol pumps; keen on getting more private players into fuel retailing

State-owned oil marketing companies - IOC, BPCL and HPCL, currently own most of 63,498 petrol pumps in the country

Adani Group, France's Total join hands to set up retail network, LNG import terminal
Business

Adani Group, France's Total join hands to set up retail network, LNG import terminal

Total, which had a few weeks back exited Royal Dutch Shell-led Hazira LNG import terminal in Gujarat, will join Adani in developing a 5 million tonnes a year import facility at Dhamra in Odisha.

Indian Oil Corp will invest Rs 20,000 cr in city gas projects in 5-8 years, says chairman Sanjiv Singh
Business

Indian Oil Corp will invest Rs 20,000 cr in city gas projects in 5-8 years, says chairman Sanjiv Singh

IOC, which among all PSUs bid most aggressively in the latest city gas distribution (CGD) licences, is hoping to net licences to retail CNG to automobiles and piped natural gas to households and industries in about 20 cities

Renegotiated Gazprom LNG deal to save India up to Rs 9,500 cr, says oil minister Dharmendra Pradhan
Business

Renegotiated Gazprom LNG deal to save India up to Rs 9,500 cr, says oil minister Dharmendra Pradhan

GAIL renegotiated the terms of the 20-year deal to import 2.5 million tonnes a year of LNG, including price and volume ramp up

Gujarat State Petroleum Corp to commission Mundra LNG terminal in 2-3 months
Business

Gujarat State Petroleum Corp to commission Mundra LNG terminal in 2-3 months

Mundra will be the third import terminal in Gujarat to import super-cooled natural gas (liquefied natural gas or LNG) in cryogenic ships and then re-converting the liquid fuel into its gaseous state before transporting it by pipelines to customers.

India takes delivery of its cheapest LNG from Russia's Gazprom under $25 billion long-term deal
Business

India takes delivery of its cheapest LNG from Russia's Gazprom under $25 billion long-term deal

India received its cheapest LNG under a long-term deal as Russia began shipping natural gas at a delivered price of close to $7 per million Btu

Govt plans to launch natural gas trading hub by October, aims to create Indian gas benchmark
Business

Govt plans to launch natural gas trading hub by October, aims to create Indian gas benchmark

Oil regulator Petroleum and Natural Gas Regulatory Board (PNGRB) has sought bids to hire a consultant to help develop a regulatory framework for operationalising the gas trading/exchange hub.

Undersea Iran-India gas pipeline, avoiding Pakistan, can bring cheaper LNG to India, says study
Business

Undersea Iran-India gas pipeline, avoiding Pakistan, can bring cheaper LNG to India, says study

Former oil secretary T.N.R. Rao says LNG import through the Iran-India gas pipeline would cost $5-5.50 per mBtu, which is cheaper than domestic gas

India in talks with Japan, S Korea for purchasing liquefied natural gas
World

India in talks with Japan, S Korea for purchasing liquefied natural gas

Natural gas currently accounts for about 8 percent of India's overall energy mix.

Pakistan likely to sign USD 2 billion LNG pipeline deal with Russia
World

Pakistan likely to sign USD 2 billion LNG pipeline deal with Russia

Energy-starved Pakistan is likely to sign a USD 2 billion deal with Russia for laying a Liquefied Natural Gas (LNG) pipeline from Karachi to Lahore, a sign of increasing ties between the Cold War-era adversaries.

Oil ministry says natural gas output to rise 50% by 2018-19
Economy

Oil ministry says natural gas output to rise 50% by 2018-19

India is world's fourth largest energy consumer with oil and gas constituting about 37.24 percent of primary energy consumption.

IOC plans to pump in $4 bn in British Columbia for liquefied natural gas
Biztech

IOC plans to pump in $4 bn in British Columbia for liquefied natural gas

IOC signed a deal to buy 10 per cent stake inshale-gas assets and a linked liquefied natural gas (LNG) project in British Columbia.<br />

Pay us market price for more KG-D6 gas, RIL tells govt
Business

Pay us market price for more KG-D6 gas, RIL tells govt

RIL's also builds its case by arguing growing demand of LNG is today satisfying 35 percent of the country's gas needs even at prices as high as $15/mmbtu. <br /><br />