Former Pakistani Oil Minister Usman Aminuddin on Friday made a strong appeal to India to consider importing natural gas from Iran through an onland pipeline passing through Pakistan.
Power utilities may report moderate growth in earnings for Q3FY25. Generation is up 3 per cent year-on-year (Y-o-Y) in Q3 on lower cooling demand and high base, to 429 billion units (BU). Peak demand was steady at 224 Gw in Q3FY25, a 10 per cent decline from the record highs of 250 Gw in May 2024.
While the India-Myanmar gas pipeline continues to hang fire, Oil and Natural Gas Corporation may push for a gas-based power project in Myanmar to bring power to the power-starved north-eastern states
India on Monday said that gas imports from Iran by pipeline passing through Pakistan was indispensable to its economic growth and will enter into trilateral dialogue on the pipeline early next year.
Quattrocchi lived in India for several years as the representative of an Italian firm, Snam Progetti, in the 1980s. He was close to the Gandhi family and in 1999 was named one of the accused in the case regarding the Rs 64-crore pay-off for the supply of 155 mm Howitzer guns made by Bofors, for which a controversial deal was signed in 1986 when Rajiv Gandhi was the prime minister.
Iran's Vice President Ali Saeedlou has cancelled his visit to Pakistan at the eleventh hour in an apparent indication of unease in bilateral ties, marking the second major diplomatic setback for Islamabad since Russian President Vladimir Putin called off a trip last month.
State-owned explorer's foreign arm wants to invest in exploration & production in the country, which has world's fourth-largest reserves.
Pakistan's top leadership on Thursday underlined the country's commitment to pursue energy projects with Iran, including a multi-billion dollar gas pipeline, despite growing pressure from the United States to abandon such ventures.
KazStroyServices is present in Kazakhstan, India, Turkmenistan and West Asia.
India has emerged as the world's biggest cylinder-based liquefied petroleum gas user with the customer base crossing 7 crore (70 million mark), Petroleum Minister Ram Naik said.
Union ministries are in the midst of a row because of uncleared IAF bills, which were incurred when Pakistan's ex-minister Jadoon had used an IAF plane, during his visit to India.
In his statement, Hosseini said, "Expedite the decision-making process to finalise the gas deal." The spokesperson for the first time showed Iran's urgency in the matter, saying, "We don't have a lot of time".
In a major boost to bilateral ties, India today announced a USD 500 million credit line for the traditionally close Chinese ally Myanmar even as New Delhi and Yangon decided to strengthen their strategic, economic and energy ties.
Around half a dozen Tata Steel employees and contract workers were injured following an explosion in the LD gasholder inside its factory in Jamshedpur.
The petroleum ministry has put on back burner the proposal to create a national gas highway development authority, following an opposition from the Petroleum and Natural Gas Regulatory Board, which currently has the powers to authorise pipelines.
They set afire a 5000KL petrol tank, blasted a gas pipeline, attacked a police post and a commando barrack and fired at a Bihari settlement, killing two persons.
Bottlenecks persisted on the Iranian proposal for a gas pipeline to India through Pakistan.
BPCL is a high revenue-earning public-sector undertaking (PSU) and plans to privatise it are completely off the table, Petroleum and Natural Gas Minister Hardeep Singh Puri said on Tuesday after assuming charge of the ministry for the second time. "Why would we divest ourselves of highly successful Maharatnas like BPCL," Puri said, arguing the Centre was not in favour of divesting its stake in oil PSUs.
Now that almost 10 infrastructure ministries have submitted a fresh list of their core infrastructure assets, the government has realised it stands to make much more money from asset monetisation than previously thought. Two persons in the government said it stood to garner over 30 per cent more than the earlier estimates of Rs 2.5 trillion over the next four years under the National Monetisation Pipeline (NMP). The NMP, which is being prepared by Niti Aayog, is in the advanced stages of finalisation and is expected to be unveiled in August.
Petroleum Minister Ram Naik hinted on Wednesday that fuel prices may come down further if the international crude prices of Brent fall to around $20-22 per barrel.\n\n\n\n
With a view to avoid recurrence of last week's militant attacks at Digboi refinery and a gas pipeline in Assam, the government will tighten security at all key oil installations, Petroleum Minister Ram Naik
Passing an order on a PIL filed by S Sai Kumar, hailing from Yanam, a territory of Puducherry, a Division Bench comprising Justices Prabha Sridevan and G M Akbar Ali said on Tuesday that the fact that Reliance had obtained approval after commencing the project was not enough.
Efforts to normalise trading relations expected during the first such meet on Saturday
Deora's visit assumes importance in view of Musharraf's proposals to China and China's quest for shorter, safer and commercially viable routes for importing gas and oil.
India on Wednesday threatened to pull out of the proposed $4.16 billion Iran-India pipeline project over price of natural gas saying Tehran has to price the fuel at rates affordable to industry in India.
Putin is keen on establishing a good personal rapport with Trump and anchor a meaningful US-Russia partnership, realistic enough to accept that Trump is as good an American president as Russia would ever get, observes Ambassador M K Bhadrakumar.
Iran had called a meeting of technical experts and lawyers from the three nations during September 24-26 to exchange views on the gas-supply contract that India and Pakistan, as consumers, would have to sign with fuel supplier Iran.
The dreary, cold months from December to February may prove to be the undoing of many a nation as they grapple with sky-high fuel prices - a result of the Ukraine conflict and the pandemic. Many - Europe, South Korea, Japan, and China - will still pull through on the strength of their wealth or because of strong storage infrastructure. But India will have its back to the wall. Signs of liquefied natural gas (LNG) rates hitting new records this winter are already evident.
Close on the heels of initiating a dialogue with Iran and Myanmar on importing gas through onland pipelines, Petroleum Minister Mani Shankar Aiyar will soon visit Turkmenistan and Afghanistan to explore the possibility of bringing natural gas from Ce
The day that Russia invaded Ukraine was the day Pakistan's Prime Minister Imran Khan met Vladimir Putin at the Kremlin.
Income earned by foreign technical consultants for providing monitoring services to Indian entities will be taxed at higher rate as business profits, the Authority for Advance Ruling has said. Referring to the contract between the Australian company and GAIL, the AAR said that monitoring activities undertaken by the foreign company was not within the scope of the DTAA between Australia and India. The Australian firm was acting as a project monitoring consultant.
India is said to be the most active party in the project
External Affairs Minister S M Krishna on Saturday embarked on a four-day visit to Iran during which its controversial nuclear energy programme and the proposed IPI gas pipeline project are expected to figure prominently in the bilateral talks.
The Ratnagiri Gas and Power Pvt Ltd is likely to get gas for power production by June-end, GAIL (India) chairman UB Choubey said.
India is pitted against China, South Korea and Thailand in the race to secure the huge gas found in offshore Myanmar.
