Dabhol power project to be split to revive plant
The Rs 12,000-crore Dabhol power project will be split into separate power and LNG companies in an effort to revive the plant which was originally built by the now-bankrupt US energy firm Enron.
Sep 30, 2015, 20:22 PM IST
Prabhat Singh takes over as MD & CEO of Petronet LNG
Prabhat Kumar Singh Monday took over as the new Managing Director and CEO of Petronet LNG Ltd, India's biggest liquefied natural gas importer.
Sep 14, 2015, 18:18 PM IST
2nd auction on subsidy to gas-based power projects on Sep 15
Under the plan, liquefied natural gas (LNG) will be imported and cash-strapped state power distribution companies will be financially supported to buy electricity from them.
Sep 06, 2015, 12:32 PM IST
Petronet to raise Rs 1,000 crore through bonds issue
Petronet LNG Ltd, India's biggest liquefied natural gas importer, will raise Rs 1,000 crore through bonds issue this fiscal mostly to pay off its existing debt.
Sep 01, 2015, 18:57 PM IST
GAIL in talks with Iran to revive decade-old LNG deal
State-run gas utility GAIL India Ltd has begun talks with Iran to revive a decade-old USD 22 billion LNG supply contract, the cheapest deal ever struck by an Indian firm.
Aug 23, 2015, 16:16 PM IST
GAIL to swap US LNG, issue tender next month
State-owned gas utility GAIL India plans to swap over one-third of the liquefied natural gas (LNG) it has contracted from US with a gas seller nearer to India to save on transportation costs.
Jul 17, 2015, 13:32 PM IST
Dharmendra Pradhan presses Qatar for LNG price cut
He made the plea when he called on Qatar's Energy Minister Mohammed Saleh Abdullah Al Sada on the sidelines of the 6th OPEC International Summit in Vienna on June 4, official sources said.
Jun 07, 2015, 10:43 AM IST
Natural gas output to rise 50% by 2018-19
In its annual report, the ministry has said domestic gas production will rise from 98.15 mmscmd in 2014-15 to 99.87 mmscmd in the current fiscal.
Jun 03, 2015, 18:14 PM IST
GAIL sells some of its US LNG to Shell
GAIL (India) Ltd has sold some of its liquefied natural gas (LNG) from the U.S. portfolio to European energy major Royal Dutch Shell ahead of production from early 2018, its head B.C. Tripathi said on Wednesday.
May 27, 2015, 23:23 PM IST
GAIL in talks with Shell to sell US LNG supply
India`s Gail has signed a preliminary deal with Shell for the potential sale of liquefied natural gas (LNG) supply sourced from its portfolio, made up of US production, three sources with knowledge of the matter said.
May 20, 2015, 17:06 PM IST
ONGC, its partners developing LNG terminal in Mozambique
In a step towards start of gas production from its giant Mozambique gas fields, state-owned ONGC and its partners have awarded contract for development of an onshore LNG terminal.
May 18, 2015, 18:31 PM IST
RIL-BP among four in race for Mumbai LNG terminal
The winner will have to set up a FSRU vessel with storage capacity of 170,000 cubic meters and 5 mn tons per annum gas production capacity.
May 13, 2015, 17:07 PM IST
Stranded gas-based power projects to bid for subsidy tomorrow
The government will provide as much as Rs 3,500 crore in financial support to the power plants this fiscal.
May 10, 2015, 14:32 PM IST
After GAIL tender fails, Samsung to build LNG carrier at Kochi
Indian shipyards will have to forge a binding technical collaboration with foreign shipyard which will transfer LNG shipbuilding technology.
May 06, 2015, 17:36 PM IST
GAIL to stop LNG imports at Dabhol till October
The terminal cannot receive shipments in the choppy monsoon seas in the absence of a breakwater, so it can currently import a maximum of only 2.25 million tons a year.
May 03, 2015, 13:36 PM IST
Shell to raise Hazira LNG plant capacity by 50% in 2016/17
Hazira LNG Ltd will expand the capacity of its liquefied natural gas (LNG) terminal on the west coast by 50 percent to 7.5 million tonnes per annum (mtpa) in the fiscal year to March 2017, a government panel report said.
Apr 28, 2015, 20:05 PM IST
India asks Qatar to lower LNG price to match global slump
India buys 7.5 million tonnes a year of LNG on a long-term 25 year contract, indexed to a moving average of crude oil price.
Apr 27, 2015, 14:59 PM IST
Petronet offers 'gassing up' services at Kochi terminal
After leasing out storages at its under-utilised Kochi terminal, Petronet LNG has started offering services to LNG ships in a bid to generate revenue from different streams to tied over losses.
Apr 12, 2015, 13:45 PM IST
Royal Dutch Shell acquires BG Group for $70 bn
In the biggest oil and gas deal in a decade, Royal Dutch Shell on Wednesday announced acquisition of smaller British rival BG Group Plc for about USD 70 billion to create the world's largest independent producer of LNG.
Apr 08, 2015, 21:15 PM IST
Cabinet approves gas pooling for fertiliser sector
The Cabinet on Tuesday approved a proposal to pool or average out prices of domestic natural gas and imported LNG used by fertiliser plants to make the cost of fuel uniform and affordable.
Mar 31, 2015, 21:03 PM IST
