Liquefied Natural Gas

Russia to invest $2 bn to build pipeline in Pakistan

Russia will invest a whopping USD 2 billion in Pakistan to build a 1,100-kilometre pipeline from southern port city of Karachi to Lahore to transport liquefied natural gas.

Apr 18, 2015, 14:53 PM IST

Petronet CEO not to get extension; Oil Min looks for new CEO

The Oil Ministry has decided not to extend tenure of Petronet LNG Ltd's CEO A K Balyan till his superannuation in July 2016 and has instead begun search for the new head of the India's largest liquefied natural gas (LNG) importing firm.

Mar 04, 2015, 17:54 PM IST

US support Congress move to speed up LNG export license

In a development that could benefit India's effort to import natural gas from the US, the Obama Administration has supported the Congress to approve or deny permits for shipments of Liquefied Natural Gas to Non-Free Trade Agreement countries in 45 days.

Jan 31, 2015, 09:06 AM IST

IOC yet to start work on Rs 5,150-cr LNG project

State-owned Indian Oil Corp (IOC) Monday said it is yet to commence work on a Rs 5,150 crore liquefied natural gas (LNG) import terminal at Ennore in Tamil Nadu.

Jan 12, 2015, 18:43 PM IST

Petronet, Shell, Mitsui shortlisted for Bangla LNG terminal

Petronet LNG Ltd, India's biggest importer of liquefied natural gas (LNG), is among five global energy firms that have been shortlisted for setting up an LNG import terminal in Bangladesh.

Dec 28, 2014, 12:57 PM IST

India receives its biggest LNG cargo

India has received its biggest shipment of liquefied natural gas (LNG) by ship as it looks to diversify supplies and economise parcel size to meet growing energy demand.

Dec 03, 2014, 13:04 PM IST

Indian Oil LNG terminal to be ready 2017-18

Oil marketing company Indian Oil Corporation`s (IOC) liquefied natural gas (LNG) terminal near here is expected to go on stream by the third quarter of 2017-18, a top company official said Wednesday.

Nov 12, 2014, 19:44 PM IST

HPCL to take 8% stake in Petronet's Gangaravam LNG terminal

State-owned Hindustan Petroleum Corp Ltd (HPCL) may pick up 8 per cent stake in Petronet LNG Ltd's Rs 5,000 crore liquefied natural gas (LNG) terminal at Gangavaram in Andhra Pradesh.

Nov 11, 2014, 13:28 PM IST

Asian buyers of US LNG dial back as exuberance dims

A looming gas glut worldwide is prompting Japanese and Indian firms to resell to European traders and utilities big chunks of U.S. liquefied natural gas they had committed to buy several years ago, signalling tempered enthusiasm for U.S. energy.

Sep 19, 2014, 18:58 PM IST

'Need to fix anomalies in Ranga formula before revising rates'

Days after the government put off natural gas prices hike by three months, Power & Coal Minister Piyush Goyal said there were anomalies in the proposed formula which needed to be fixed before revising rates.

Jun 27, 2014, 14:22 PM IST

Gas price hike to balance reforms, interest of poor: Pradhan

Last week, a top oil ministry official said a decision on the issue will be taken before July 1.

Jun 10, 2014, 17:00 PM IST