Global LNG outlook 2024-2028
Sluggish demand growth for liquefied natural gas (LNG), combined with a record increase in global export capacity through 2028, will likely thrust markets into an extended period of oversupply, according
Sluggish demand growth for liquefied natural gas (LNG), combined with a record increase in global export capacity through 2028, will likely thrust markets into an extended period of oversupply, according
India and Qatar have signed an initial pact for co-operation in the energy sector. The objective of the memorandum of understanding is to establish a framework to facilitate and enhance bilateral co-operation
The Tamil Nadu Government has decided to set up a 660 MW supercritical thermal power plant at Ennore at a cost of Rs 3,960 crore, announced the Chief Minister, Ms J. Jayalalithaa, in the Assembly today.
As per the Electricity Act, 2003, CEA is to prepare the National Electricity Plan (NEP) once in five years. The Act stipulates that CEA, while preparing the NEP, shall publish the draft of the same and
New Delhi For the first time, New Delhi is looking to the North American continent to secure its energy needs. India has started talks to import natural gas from Canada, the world’s third-largest producer which is facing falling demand from the US, where a shale gas bounty has brought self sufficiency in clean energy. Besides Canada, India has also set its eyes on shale gas from the US.
State-owned GAIL India is mulling doubling capacity of Dabhol LNG terminal to 10 million tonne to meet growing energy needs of the country, company Chairman BC Tripathi said. GAIL is looking to tie-up up to 2 million tonnes of LNG for import at the nation's third liquefied natural has terminal, which will tomorrow evening receive its first shipment from Norway, he told reporters here.
The Central Electricity Authority (CEA) has said no new gas-based power plants will be set up in the country till 2015-16, as the natural gas output is expected to fall considerably. The CEA in a letter to states indicated that as per Ministry of Petroleum and Natural Gas reports India's natural gas production is likely to fall by 35 per cent to 27.64 million metric standard cubic metre per day (mmscmd) in the next fiscal and may further dip by another 12 per cent to 24.22 mmscmd in 2013-14.
Ratnagiri district in Maharashtra may come to be known as the bowl that feeds India’s growing hunger for energy. Staterun utility GAIL is working on a makeover plan that hinges on doubling the capacity
New Delhi After fuel, India is offering to export natural gas to Pakistan to help it tide over a gas crisis. State-owned GAIL’s just-commissioned natural gas pipeline from the West coast to Bhatinda in Punjab is barely 25 km away from the Pakistan border and the gas utility is proposing that the line can be extended to Lahore in no time, sources with knowledge of the development said.
The Karnataka government is in talks with Indian and international energy companies to arrange gas for three power plants for which it is planning to seek bids. Currently, it is in talks with GAIL India and Hindustan Petroleum Corporation Ltd (HPCL) to procure about 26 mmscmd for a total gas capacity of 2,100 Mw. According to a person close to the development, after the government ties up the gas, it would approach private power producers to bid for these three power plants. Neither HPCL nor GAIL responded to e-mailed queries.
Gazprom, the world’s largest natural-gas exporter, is struggling to get a foothold in the Asian markets leading global economic growth. The Russian company’s plan to supply liquefied natural gas to India from 2016, the year the US is set to start gas exports, is faltering after buyers said they’re looking for cheaper fuel from North America. Last year, decade-long talks to supply pipeline gas to China foundered over price disagreements.