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. …

Future of natural gas in India: paving the way to benefit from upside risks of LNG supply

This Issue Brief seeks to provide inputs for further discussion to gain from potential windfall opportunities that might arise for India's natural gas industry as well as lay the requisite foundation for a future plan.

Fertiliser ministry wants cheaper natural gas for urea units to continue

Contending that cost of urea production needs to be kept under check and so should the subsidy burden, the ministry of fertiliser has asked the petroleum ministry to continue providing natural gas to urea fertiliser units at the current price of $4.2/mmBtu or at least at a concessional rate in …

Odisha starts process to lease out more land to Dhamra port after green nod

It has asked port to provide details of expansion plan as part of its land allotment process The Odisha government has initiated the process to lease out additional land to Dhamra Port Company Ltd (DPCL) for expansion of port operation in Bhadrak district after it was granted environmental clearance recently. …

Govt asks MoEF to fast-track 27 major infra projects

New Delhi : With a new minister in charge of the Ministry of Environment and Forests (MoEF), the government has swung into action to fast-track green clearances for key infrastructure projects. The Cabinet Secretariat has sent to the Veerappa Moily-led ministry a list of 27 major infrastructure projects that are …

The outlook for energy: a view to 2040

By 2040, global energy demand will increase by 35 percent and nine of the world’s 20 most populous cities — and one of every three people on the planet — will be in China or India. Together these nations account for half of the projected growth in global energy demand, …

Green panel clears IOC’s LNG project in Tamil Nadu

A committee under the ministry of environment and forests has given coastal regulation zone (CRZ) clearance to Indian Oil Corporation for setting up a 5-million-tonne LNG terminal at Ennore in Tamil Nadu. The Expert Appraisal Committee, which met last month, said all the issues raised in the public hearing held …

Panel seeks review of Rangarajan formula on gas pricing

The Standing Committee on Petroleum and Natural Gas has sought a review of the Rangarajan formula for gas pricing, saying that the price should be fixed after factoring in the domestic cost of production. The committee, in a report tabled in Parliament, said the proposed formula is a simple average …

ADB to give $150 mn loan for Petronet's Dahej LNG expansion

Company is expanding its 10 MT per annum Dahej terminal to 15 MT at an estimated cost of about Rs 2,950 cr by end of 2016 Asian Development Bank (ADB) today said it will provide USD 150 million loan to Petronet LNG Ltd to part finance expansion of its Dahej …

Iran backs deep-sea gas pipeline to India

Feasibility studies for the multi-billion-dollar conducted Iran is focusing on exporting natural gas to India along a deep-sea route — the move coinciding with the cancellation of a loan to Islamabad to build the Pakistani section of the Iran-Pakistan gas pipeline and the signing of the Geneva nuclear accord that …

Swan Energy gets green nod for LNG terminal at Pipavav

Receives environment, CRZ clearances from MoEF for its Floating Storage, Regassification Unit based LNG import terminal proj near Pipavav Mumbai-based green energy player, Swan Energy Ltd has today announced that the company has received environment clearance for its LNG terminal near Pipavav in Gujarat. In a statement filed with the …

Allocation and pricing of gas: Standing Committee on Petroleum & Natural Gas (2013-14)

Standing Committee on Petroleum & Natural Gas present this Nineteenth Report on "Allocation and Pricing of Gas". The Committee took evidence of the representatives of the Ministry of Petroleum & Natural Gas at their sittings held on 24.7.2013 and 20.08.2013. The Report was considered and adopted by the Standing Committee …

Cabinet to take call on fixing cap for natural gas price hike

The Cabinet will soon decide on putting a cap or limit to which natural gas prices can be increased following a new pricing formula coming into effect from April 1 next year, oil secretary Vivek Rae said on Wednesday. The Cabinet had in June decided to price all domestically produced …

Japan's solar dream shatters as projects fail

The failure of solar developers to deliver on planned projects in Japan will cost the country's utilities close to $3.5 billion annually in additional coal and gas imports to generate power. Japan's government banked on solar power to help meet the shortfall in electricity supply after the Fukushima disaster in …

HC slaps notices on GSPC, PGVCL rights group over environment laws violation

In connection with a public interest litigation (PIL) that has alleged violation of environmental laws by a large number of units of ceramic industry in Morbi-Wankaner region of Saurashtra, the Gujarat High Court (HC) on Tuesday joined Gujarat State Petroleum Corporation (GSPC), Paschim Gujarat Vij Company Limited (PGVCL) and a …

GAIL to set up Rs 3,108 cr LNG terminal at Paradip

Project to have initial capacity of 4 mtpa in the first phase The country's largest natural gas distributor GAIL (India) Ltd has entered into a memorandum of understanding with Paradip Port Trust (PPT) for setting up of an offshore LNG (liquefied natural gas) terminal at the port at a cost …

Japan goes on gas, coal power building spree to fill nuclear void

Japan plans to start up 14 new gas and coal-fired power plants by the end of 2014, allowing a switch away from pricey oil, as Tokyo struggles with a shutdown of nuclear reactors and energy imports drive a record trade deficit. Regional power monopolies will construct 12 gas-fired units next …

Indian Railways to become environment-friendly, developing LNG-powered locomotives

In a move to make the railways environment-friendly, the Indian Railways are working on developing a locomotive prototype that can run on liquefied natural gas (LNG), Railway Minister Mallikarjun Kharge said on Thursday. Inaugurating the 10th edition of the International Rail Exhibition and Conference organized by the Confederation of Indian …

Gas-based power projects to be exempted from green cess

As per the existing thermal power policy, the thermal power plants have to contribute six paise to the fund for every unit of power sold outside the state In a bid to pull investment proposals from gas-based developers in power sector, the state energy department is planning to exempt them …

Power Ministry seeks approval of Cabinet on gas price pooling mechanism

The Cabinet Committee on Economic Affairs is likely to take up on Thursday the Power Ministry’s proposal for a Rs.11,000 crore subsidy payout to cover the hiked electricity tariffs on account of the proposed price pooling of gas. This will help kick-start about 18,000 MW of gas-based projects. The Power …

IOC to go ahead with Ennore LNG project

Contracts to be awarded in the next few months: Chairman A host of contracts for the five million tonne per annum liquefied natural gas terminal proposed in Ennore are to be awarded over the next few months with Indian Oil Corporation, which is setting up the project, deciding to go …

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