Liquefied Natural Gas (LNG)

First food: business of taste

Good Food is First Food. It is not junk food. It is the food that connects nature and nutrition with livelihoods. This food is good for our health; it comes from the rich biodiversity of our regions; it provides employment to people. Most importantly, cooking and eating give us pleasure. …

GAIL to commission Dabhol LNG terminal by April

GAIL India is in the process of making operational the long delayed LNG terminal at Dabhol in Maharahstra by month-end or by early April, Chairman and Managing Director B. C. Tripathi said here on Monday. GAIL owns 31.52 per cent stake in Ratnagiri Gas and Power Co Ltd. (RGPL), which …

Oil Cos Mull Raising Petrol Prices by 5/lt; CNG Rates Up 5% in Delhi

The price of compressed natural gas (CNG) for automobiles in Delhi has been raised by 5% and oil marketing firms plans to raise petrol rates in a few days as the completion of assembly elections has removed political obstacles for companies. Oil marketing companies are drawing plans to raise petrol …

New urea units to get subsidy to cover cost of imported gas up to $18 a unit

New Delhi Investors setting up greenfield urea production plants will be given subsidy to cover the cost of imported liquefied natural gas (LNG) up to $17-18 per million metric British thermal unit (mmBtu), a generous concession that will also take care of freight charges and marketing margins charged by the …

State asked to consider RLNG for power generation

The Industrial sector in the state seems to be quite upset with industries minister Geeta Reddy and the power utilities. They say AP is emerging as one of the most unfriendly states for the industrial sector. Despite assurances, there has been no headway regar-ding solving the continuing power crisis since …

British Gas realigning its India business

Late last year, when energy major British Gas’s Indian arm, BG India, announced plans to exit from two of its Indian energy assets, the industry wondered if it was a fullstop to BG’s India plans. BG is selling 65.12 per cent stake in Gujarat Gas Company (GGCL), India’s largest private …

India seeks additional 5 mt oil from Saudi Arabia for 2012-13

New Delhi To serve the expected addition in refining capacity and to partly replace any shortfall in crude oil supplies from Iran, India has sought an additional 5 million tonne of crude oil from Saudi Arabia. India has also sought investments from Saudi firms in its new petrochemical and refinery …

RIL gets over 70 bids for CBM gas

New Delhi Reliance Industries has received over 70 bids for buying the natural gas it plans to produce from below coal seams (CBM), at a price close to the rate at which LNG is imported in the country. At the close of offer on February 17, RIL received over 70 …

Fertilizers min warns of price rise

New Delhi: The fertilisers ministry has opposed the petroleum ministry’s move to snap supply of cheaper gas from RIL’s Andhra offshore field to units manufacturing potassic and phosphatic fertilisers, even as government is grappling with fall in production from India’s gas bowl. In a letter to oil minister S Jaipal …

Panel Suggests CIL to Meet Power Cos’ Demands or Face Penalty

The committee of secretaries, led by the prime minister’s principal secretary Pulok Chatterji, is understood to have recommended that state-run Coal India should step up supplies and face penalties if it fails to provide 80% of coal allocated to a power plant. Prime Minister Manmohan Singh had set up the …

GAIL pipeline project on course

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. There have been some enquiries from the Forest Department about certain patches of land in Palakkad where the pipeline …

Fertiliser industry wants higher gas price in new urea policy

The fertiliser industry is seeking a higher cap on urea cost than the proposed $340 a tonne for the purpose of calculating subsidy to the new plants. With the fertiliser ministry in the process of finalising recommendations for a New Investment Policy in Urea, the industry also wants that the …

State's 'gas gateway' pipeline dream gets financial backing

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 company, Gujarat State Petronet Ltd (GSPL), signed up an agreement with the consortium led by Bank of India to fund the 2,200-km-long …

New gas policy to drive up cost of power & industrial goods

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 …

Landslide In Papua New Guinea: 40 Missing

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. The accident, which occurred in the island state's Southern Highlands on Tuesday morning, prompted U.S. oil giant Exxon …

Shell to expand Hazira terminal to 10 mtpa

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 …

India to focus on cheaper LNG from U.S.

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 …

Rel Power, Shell Plan East-Coast LNG Unit: In talks for equal JV to set up terminal at Kakinada

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 from the D6 block has fallen sharply, three people familiar with the matter said. Several companies, including Petronet …

Source natural gas from others

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 today. GSPC is the sole supplier of natural gas to Adani Gas, a city gas distributor (CGD), operating a network of …

Delhi to go greener

After CNG, the national capital is all set to run its public transport fleet on biogas. Ambitious as it may sound, but Delhi plans to run its buses on biogas. In collaboration with the Swedish government, the Union Ministry of New and Renewable Energy plans to set up a biogas …

CNG may cost Rs 2 more as input costs soar on weaker Re

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. City gas retailers including Indraprastha Gas Ltd, which supplies CNG to automobiles and piped cooking gas to households in the national …

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