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NATURAL GAS NEWS

With natural gas demand set to rise, India’s oil & gas companies ink LNG import deals worth billions of dollars

February 15, 2025 10:43 pm

Deals include long-term contracts by public sector refiners Indian Oil Corporation and BPCL with the Adnoc, and Gujarat State Petroleum Corporation’s deal with French major TotalEnergies.

CNG gets costlier in Pune by Rs 2 per kg in second hike this year; rise in input cost likely to blame

November 22, 2024 5:15 pm

The shortfall in the allocation of domestic natural gas for the CNG sector has led to the use of higher-priced regasified-liquefied natural gas (R-LNG), which is an imported alternative.

India’s reliance on imported natural gas rises to 46% during April-February period

March 29, 2024 11:44 am

India’s natural gas consumption, and consequently imports, had been on a growth trajectory till FY20, with the government’s push to increase the share of the fuel in the country’s primary energy mix to 15 per cent by 2030 from a little over 6 per cent.

Haryana to roll out ‘right of use and right of way’ policy for natural gas infrastructure

August 21, 2023 6:09 pm

The decision was announced after a meeting held to expedite the deployment of CNG and PNG infrastructure across the state.

India explores developing strategic gas stockpile as hedge against volatility

July 19, 2023 5:46 pm

India already has strategic crude oil reserves with a capacity to hold 5.33 million tonnes of oil in underground caverns, fit to meet around 9.5 days of the country’s oil demand.

Understanding the link between gas flaring and increased leukaemia risk

May 16, 2023 9:44 am

"Bruising and bleeding become more prevalent, and healing becomes more difficult," said Dr Tirathram Kaushik consultant Oncosurgeon, Wockhardt Hospitals Mira Road

Domestic gas price for May set at $8.27, consumers will continue paying ceiling price of $6.50

April 30, 2023 8:56 pm

Key changes in the pricing regime include benchmarking the price of APM gas to the price of imported crude instead of gas prices in four international gas trading hubs, and monthly, rather than biannual revisions in prices.

Cabinet to consider price caps on gas to stave off rates rising to $10.7 per mmBtu

March 27, 2023 8:36 am

The government bi-annually fixes prices of locally produced natural gas -- which is converted into CNG for use in automobiles, piped to household kitchens for cooking and used to generate electricity and make fertilisers.

National Green Hydrogen Mission: Catching the bus

January 06, 2023 7:01 am

With the much-needed hydrogen mission, India is making a relatively early entry into a still nascent technology domain

How natural gas is traded in Europe

December 20, 2022 8:05 pm

Over the last two decades, gas prices in Europe have moved towards hub pricing, where natural gas is priced on the basis of demand and supply, and away from oil indexation, which uses crude oil as a price indicator.

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