India’s Oil Minister Dharmendra Pradhan rules out plans to split GAIL

India is not considering any proposal to bifurcate state-owned gas utility GAIL (India) Ltd; instead the company is focused on building pipelines to connect gas sources to consumers to accelerate gas usage, Oil Minister Dharmendra Pradhan said. GAIL is India’s biggest natural gas marketing and trading firm and owns 60 per cent of the country’s 26,284-km gas […]

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Reliance buys two-thirds of own gas from KG-D6; GAIL, Shell among other buyers

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Reliance Industries has picked up two-thirds of its own new gas from KG-D6 block that was auctioned under new rules with state-owned GAIL and Royal Dutch Shell getting smaller volumes. Reliance and its partner UK’s BP Plc auctioned 7.5 million standard cubic metres per day (mmscmd) of incremental gas from the R-series gas field in the KG-D6 block, […]

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Reliance-BP invites bids for gas from KG-D6, priced against international benchmark

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Reliance Industries and its partner UK’s BP Plc has invited companies to bid for 7.5 million standard cubic meters per day of gas (mmscmd) incremental gas it plans to produce from the second-wave discoveries in the KG-D6 block, pricing them for the very first time against an international gas benchmark. While Reliance-BP had sold the first […]

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Modi govt’s ‘Aatmanirbhar Bharat’ campaign to substitute imported coal with domestic fuel

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Coal Minister Pralhad Joshi met his counterpart in the power ministry, R K Singh last week to discuss substituting imported coal with domestic fuel as part of initiatives towards the government’s ‘Aatmanirbhar Bharat’ goal. During the meeting, both ministers also deliberated on strategies for removing bottlenecks to augment coal suply in the country. “Had a […]

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First phase of Kochi-Bengaluru GAIL pipeline to be ready by January 2021

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National gas pipeline PSU Gail India, which completed the Kochi-Mangalore gas pipeline last week after long delays, is hopeful of completing the first leg of the Kochi-Bengaluru line in January 2021, according to company officials. The first leg of the 620-km-long Kochi-Bengaluru gas pipeline begins from Kuttanad in Palakkad and extends up to Valayar, which is […]

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India bans sale of gas and coal-based methane to state-owned agencies

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The government has banned natural gas and coal-bed methane (CBM) prodnotucers from buying their own produce in the newly notified gas marketing freedom guidelines. The government on October 15 notified the Natural Gas Marketing Reforms that give producers the freedom to discover the market price of gas through a standard e-bidding process. The notification, which […]

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