News for '-lng'

Iran offers cheaper LNG than Qatar

British Gas shelves LNG project

CNG Vehicles Ride Past Diesel In Sales Race

'Primary buyers are commercial taxi and fleet operators and small businessmen.' 'CNG prices have been remarkably stable unlike petrol.'

CCEA defers decision on LNG policy

The finance ministry is believed to have objected to some provisions of the policy.

IOC eyes foreign players to develop LNG terminal

The company has begun discussions with foreign players besides Petronet LNG Ltd for jointly developing the Rs 4,500-crore (Rs 45-billion) terminal.

Shell may import LNG cargo tomorrow

Shell had last imported LNG cargo at its Hazira Terminal in Gujarat on Oct 13, 2008 from Trinidad and Tobago at $20.5 per mmbtu. On the $9.06 per mmBtu import price, a five per cent custom duty will be levied, taking the landed cost to $9.4 per mmBtu.

Imported, domestic LNG prices almost same

Investors pin hope on govt support amid under-recoveries of BPCL, HPCL

The market responded positively to the Q1 results of oil marketing companies (OMCs), Bharat Petroleum Corporation (BPCL) and Hindustan Petroleum Corporation (HPCL) despite numbers being weaker than consensus. BPCL's reported gross refining margin (GRM) was in line at $7.9 per barrel (bbl) in Q1FY25, which implies marketing margin stood at Rs 4.8 per litre. Standalone profit after tax or PAT at Rs 3,000 crore was down versus consensus due to under-recoveries in LPG business.

India receives first LNG cargo from Qatar

India on Friday received its first-ever import cargo of liquefied natural gas (LNG) at Dahej in Gujarat, that will help bridge the huge natural gas deficit in the country.

Gail ties up sale of imported LNG

Gail (India) Ltd, the public sector gas firm, on Tuesday announced that it has tied up the sale of its share of LNG being imported from Qatar and said the regassified LNG from Dahej is the most competitive fuel for power and fertilizer units.

RasGas may give fixed price LNG

RasGas of Qatar is likely to sell liquefied natural gas to public sector Petronet LNG at a fixed price instead of a price indexed to crude oil.

China signs $40 billion LNG deal with Australia

Energy-hungry China has signed a landmark $40 billion deal to buy liquefied natural gas (LNG) from Australia for 20 years that Chinese officials say would put the strained relations between Beijing and Canberra back on track.

Shell imports largest LNG cargo from Oman

Optimism in stock of Mahanagar Gas appears fully priced in

Mahanagar Gas (MGL) has just hiked prices for compressed natural gas (CNG) and domestic piped natural gas (PNG) in the Mumbai Metro Area. The distributor raised prices by Rs 1.50 per kilogramme (kg) for CNG, bringing the price up to Rs 75 per kg, including taxes. Domestic PNG prices were hiked from Rs 1 per standard cubic meter (SCM) to Rs 48 per SCM, inclusive of taxes.

Petronet-Chevron deal soon for LNG import

Petronet LNG Ltd, India's largest liquefied natural gas importer, expects to sign a contract by the end of July for import of 2.5 million tonnes of LNG from Chevron Corp's Gorgon project in Australia.

Modi thanks Qatari Emir for release of Navy veterans

Prime Minister Narendra Modi on Thursday thanked Qatari Emir Sheikh Tamim bin Hamad Al-Thani for the release of eight Indian nationals, who were sentenced to death after being arrested in Doha in August 2022.

P Dasgupta to head Petronet LNG

P Dasgupta was on Thursday appointed the managing director and CEO of Petronet LNG Ltd, India's largest liquified natural gas importer.

IOC to buy stakes in Petronas' LNG project for $900 mn

The acquisition of stake in Progress Energy Resources Corp's shale gas assets and Pacific NorthWest LNG for 1 billion Canadian dollars ($900 million) marks IOC's maiden entry into North America.

Aiyar to fix LNG deal in Iran

Petroleum Minister Mani Shankar Aiyar will visit Tehran early next week to salvage the LNG-for-oil field deal, which hit an obstacle after Iran sought a very high price for liquefied natural gas it plans to sell to India.

Qatar Reprieve Highlights India Diplomacy

The incident remains a reminder of the inherent fragilities of all geopolitical relationships.

Iran to charge more for LNG

Iran has changed its pricing formulae for liquefied natural gas sale to India and is demanding 28 cents more per million British thermal unit (mBtu).

Petronet to sell LNG from January

Petronet LNG Ltd will sell India's first liquefied natural gas from January next at around $3.6 per million BTU (British Thermal Unit), almost the same price as that of the private domestic natural gas producers.

Geete for regulating LNG imports, pricing

In an era of deregulation and dismantling of the government-dictated pricing system, Power Minister Anant Geete wants the Centre to regulate the otherwise free liquefied natural gas imports, its pricing and the quantity and place of import.

RasGas agrees to renegotiate LNG price

RasGas agrees to renegotiate LNG price

Review of LNG import sops likely

Petronet LNG plans IPO in January

Petronet LNG Ltd, which will become India's first LNG importer when Qatari RasGas' cargo lands at its Dahej import terminal in January next, has planned an initial public offering of equity shares in the same month.

British Gas reviewing Pipavav LNG project

ONGC in talks to buy 26% stake in IOC's Ennore LNG terminal

IOC is building a 5 million tonnes per annum LNG terminal at Ennore near Chennai which is to be completed by 2017.

Gujarat cuts sales tax on LNG to 12%

LNG terminal on west coast likely

Adani Group profit jumps 55% in FY24; eyes $90 bn investment in 10 years

Adani group saw a 55 per cent profit surge in the fiscal year ended March 2024 as the apples-to-airport conglomerate is back on an expansion spree and eyeing a $90 billion capex over the next decade. Emerging from a damning report of a US short seller, which hit market value of its listed companies, Adani group in 2023-24 (April 2023 to March 2024) fiscal focused on containing debt, reducing founder share pledge and consolidating business in core competencies.

Qatar soon to be world's top LNG producer

Qatar is set to reach a liquefied natural gas production target of 77 million tonnes per annum, the world's largest LNG capacity, the country's energy minister has said.

DPC: RasGas to supply LNG by Dec

ExxonMobil-owned RasGas will supply liquefied natural gas by December to restart the Dabhol power project in Maharashtra, a top official said on Friday.

LNG from Iran likely to cost more

Iran on Thursday made no firm commitments of honouring the $22-billion deal to export LNG to India but said will look at "ways" for early implementation of the two-year-old contract.

Shell, ConocoPhillips to sell LNG to India

Global oil and gas majors Shell and ConocoPhillips have offered to sell Australian liquefied natural gas to India to meeting its growing energy needs, petroleum secretary S C Tripathi said on Monday.

The LNG boom: How India is coping

Petronet LNG ties up with Aussie firm

Shell LNG pricing may set new benchmark

Adani adds another feather to his cap

Adani Ports and Special Economic Zone Ltd (APSEZ) on Tuesday announced the acquisition of a 95 per cent stake in Gopalpur Ports in Odisha from Shapoorji Pallonji Group and Orissa Stevedores Ltd at an equity value of Rs 1,349 crore. In Gopalpur Ports, Shapoorji Pallonji Group (SP Group) firm SP Port Maintenance Pvt Ltd has a 56 per cent stake and Orissa Stevedores Ltd (OSL) has a 44 per cent stake. Gopalpur Port is an all-weather deep-water berthing port with a capacity of 20 million tonnes per annum (MTPA) situated in Ganjam district of Odisha.

Indo-Iran LNG import deal in peril

GE has refused the supply of crucial equipment needed to make LNG to Tehran. This can hit the $22-bn Indo-Iran deal.