Laying of pipelines for carrying regassified LNG (liquefied natural gas) from Puthuvype to Kochi and beyond is on schedule and no hitch is expected, according to GAIL (India) Limited officials here

GANDHINAGAR: Gujarat's dream of becoming the 'gas gateway' to North India received strong financial backing worth Rs 4,500 crore from a dozen-odd nationalized banks on Monday, when state-sector com

New Delhi A new policy on natural gas allocation for the next 10 years that is under discussion will benefit gas trading companies like Gail India but will make consumers pay more for not only power but also a clutch of industrial goods. It could also upset the government’s plan to reduce the subsidy on fertilisers.

This policy envisages mandatory use of imported liquefied natural gas or LNG (a minimum of 25% of the fuel/feedstock mix), which is substantially costlier than domestic natural gas that is expected to be in short supply.

A landslide swept through two villages in Papua New Guinea on Tuesday, covering much of the settlements in mud and leaving up to 40 people missing, officials and residents told Australian media.

Shell and Total, operators of a liquefied natural gas (LNG) terminal at Hazira in Gujarat, have decided to take the terminal's annual capacity to 10 million tonnes per annum (mtpa).

The terminal at present operates at a capacity of 3.6 million tonne (mt). By 2013, this would be expanded to five mt. “With new gas pipelines being laid and LNG consumption in the country on an increase, more gas would be required. To meet the market requirement for future we intend to increase the terminal's capacity to 10 mtpa,” a senior company executive told Business Standard on condition of anonymity.

Cos advised to have long-term deals with Sabine Pass and Macquarie

India has decided to make a “strategic shift” in LNG (liquefied natural gas) sourcing with a “look U.S. policy” for contracting new import volumes. This follows an analysis by the Petroleum Ministry which showed that LNG imports from the Gulf were costlier than from the U.S.

Anil Ambani-promoted Reliance Power and energy giant Shell are in talks to jointly set up India’s first east-coast LNG terminal to fuel factories and power plants that are eyeing imports as output

State-run integrated energy company Gujarat State Petroleum Corporation (GSPC) has asked Adani Gas, an Adani Group subsidiary, to source natural gas from some other sources, a GSPC official said to

The price of compressed natural gas may be hiked by up to Rs 2 per kg in the next few days as rupee devaluation has pushed up input cost.