India’s LNG imports rise 4.6% in June 2019

India’s liquefied natural gas (LNG) imports rose 4.6 per cent year-on-year and 15.6 per cent month-on-month to 91 million metric standard cubic meter per day (mmscmd) in June, according to data from the Petroleum Planning & Analysis Cell and Ministry of Petroleum and Natural Gas. Lower domestic natural gas production in June coupled with higher […]

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Eight core sectors’ output rises only 0.2% y/y in June 2019: Government of India

Eight core sector industries recorded a slightly higher growth in June compared to the same month last year, according to a statement issued by the commerce and industry ministry. The core sectors include coal, fertilizers, electricity, steel, cement, petroleum refinery, natural gas and crude oil. As per the press release, the key industries registered 0.2 […]

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Coal imports by power companies in the first half of 2019 rise over 53% from year ago

Coal imports by Indian coal utilities during the first half of 2019 rose 53.4 per cent from a year earlier to 35.47 million tonnes, data provided by India’s Central  Electricity Authority (CEA) showed. Demand for seaborne coal imports in India has risen because of a fast rising population and the unavailability of alternative fuels such […]

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Demand from Asia set to power global gas industry growth over the next five years – IEA

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Global demand for natural gas is set to keep growing over the next five years, driven by strong consumption in fast-growing Asian economies and supported by the continued development of the international gas trade, the International Energy Agency (IEA) said. Demand for natural gas grew 4.6% in 2018, its fastest annual pace since 2010, according […]

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Renewables set to outprice oil and gas by 2020: IRENA

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According to a report by the International Renewable Energy Agency (IRENA) cited by Reuters, beginning 2020, electricity generated by solar PV and onshore wind is set to become consistently cheaper than the most cost-effective fossil fuel alternative, without subsidies. In essence, more than 80 percent of solar PV and 75 percent of onshore wind power deployments […]

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