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. …

ONGC to double output by 2030

Oil and Natural Gas Corporation (ONGC) has drawn up a ‘Perspective Plan 2030’ to invest Rs.11 lakh-crore over the next 18 years. Talking to newsmen here on Monday, Chairman and Managing Director Sudhir Vasudeva said the plan envisaged doubling of production over the next 18 years at 4-5 per cent. …

LNG project: Kerala CM announces relief to land owners

The state government has decided to give adequate compensation to the land owners as part of laying the underground pipelines by the Gas Authority of India (GAIL) for the LNG project. Announcing the Cabinet decisions here on Tuesday, the Chief Minister added that though land will not be acquired for …

GAIL increases compensation to farmers

Gas Authority of India Limited (GAIL) has announced a higher compensation to farmers in seven districts of the state on whose land through which it would be laying underground pipeline to take liquefied natural gas from Kochi to Bangalore. “The revised scale has been fixed as per the directions of …

Two Shell Gas subsidiaries get Guj HC nod for amalgamation

The Gujarat High Court on Tuesday gave sanction to scheme of amalgamation of Hazira Gas Private Limited with Hazira LNG Private Limited, both joint venture companies between Shell Gas BV and Total Gas Electricite Holdings, France. The scheme of amalgamation was sanctioned by Justice Abhilasha Kumari, who observed, "upon considering …

Power companies question feasibility of LNG-based projects

While the offer to supply liquefied natural gas (LNG) at $ 9.5 per unit to gas-based power projects of India Gas Solutions (IGS) is going to pose a tough challenge for the other players planning to set up LNG facilities on the Andhra coast, the question of feasibility is a …

RIL-BP to supply gas to Andhra power projects

Entering another important segment of the natural gas business, Reliance Industries Ltd and BP India are in talks with gas-starved power projects of Andhra Pradesh to supply long-term liquefied natural gas (LNG). India Gas Solutions (IGS), the equal joint venture between the two companies, is looking to sell LNG to …

Gas-fired power plants staring at a dark future

New Delhi Falling KG-D6 output, costly imported LNG hem in power plants India's gas-based power stations are facing an uncertain future. Depleting output from Reliance Industries’ KG-D6 block and non-availability of adequate infrastructure to handle liquefied natural gas (LNG) imports are set to trigger suspension of about 7,000 MW of …

Hydrogen to power Railways plans sans diesel, electricity!

Hydrogen-propelled locomotive is the next big thing that the Indian Railways has set its eyes on. The Indian Railways Organisation for Alternate Fuel is in an “advanced stage” to develop a technology for use of hydrogen as a source of fuel for its locomotives, which is part of its greater …

GAIL, IOC keen to source LNG from Russia

GAIL, IOC keen to source LNG from Russia GAIL (India), Indian Oil Corporation (IOC) and ONGC Videsh Limited (OVL) have expressed their willingness to source LNG on long- and medium-term basis from existing and upcoming LNG liquefaction terminals, including for the Ennore LNG terminal, in Russia. Senior officials in the …

Petronet in talks for a power plant in Kochi

Petronet LNG Ltd, India’s largest natural gas importer, is in talks to set up a Rs 3,500-crore power plant adjacent to its upcoming liquefied natural gas import facility at Kochi in Kerala. Petronet had proposed to set up a 1,200-Mw gas-fired power plant, a 50:50 joint venture with the Kerala …

New LNG policy coming soon

With the worldwide production of liquefied national gas (LNG) expected to double within the next five-to-six years and demand in the country set to expand, the Petroleum and Natural Gas Ministry is coming up with a new LNG policy . The policy will provide level-field for new and old terminal …

Shinde favours hike in power tariffs in every six months

Power minister says hike in electricity bill inevitable due to rise in cost of fuel used for generating Close on the heels of hike in power tariffs in many states, Union Power Minister Sushil Kumar Shinde today advocated raising electricity tariff in small dozes every six months to spare consumers …

Browse project gets environmental green light

The Environmental Protection Authority has recommended a $35 billion gas hub in the Kimberley be approved with strict conditions. The Browse liquified natural gas project at James Price Point, near Broome, could go ahead with 29 conditions and offsets to ensure environment objectives are met, EPA chairman Paul Vogel announced …

Oil ministry repeats query on CBM gas pricing to Reliance

New Delhi In a move seen as delaying tactics, the oil ministry has posed a query to Reliance Industries on its CBM gas pricing that is a repeat of a question the firm had replied to over two months back. Days before a 60-day deadline for approval of RIL's import …

An unconventional bonanza

New sources of gas could transform the world’s energy markets, says Simon Wright—but it won’t be quick or easy COLOURLESS, ODOURLESS, LIGHTER than air. Natural gas may not have much impact on the senses, but as a source of heat and power it is transforming energy markets. Around 100AD Plutarch, …

High-powered panel to decide on RIL plea for higher gas price

The Empowered Group of Ministers on natural gas pricing and utilisation will decide on the issue Reliance Industries' demand for tripling of KG-D6 gas price from April 1, 2014, will be referred to a high-powered ministerial panel for a decision, a top oil ministry source said today. RIL has sought …

Hiranandani to invest Rs 3k cr for Haldia LNG terminal

The Hiranandani Group has drawn up plans to invest about Rs 3,000 crore to set up four-million-tonne (mt) liquefied natural gas (LNG) terminal at Haldia in West Bengal, a move that will help the Mumbai-based group cater to the needs of the eastern India market. In October last year, Business …

New windmills for State

Minister for Electricity and Transport Aryadan Mohammed told the Assembly on Thursday that the State government proposed to take up new power generation projects to solve the power shortage in the State in five years. This would include addition of 100 MW by setting up windmills. Replying to the debate …

GAIL wants US to relax norms for more LNG imports

On the heels of sewing the nation’s first gas import deal from the US, state-owned GAIL India wants Washington to relax rules so that it can buy more liquefied natural gas (LNG) to meet growing energy needs here. Gas-surplus US at present allows exports of small amounts of natural gas. …

Petronet to raise R5,000 cr for LNG terminal

New DelhiPetronet LNG, the country’s largest gas importer of liquified natural gas (LNG), is planning to raise around R4,500-5,000 crore over the period of next three years for its proposed terminal at Gangavaram Port in Andhra Pradesh. The company also intends to increase 5 million tonne additional capacity for it’s …

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