The government has set up a committee to work out measures needed to make natural gas available to power plants at “reasonably stable prices”, Oil Secretary Tarun Kapoor said. India has 24,900 megawatts of gas-based power generation capacity. But of this, 14,305 MW is stranded due to the non-availability of reasonably priced gas. “We have […]
State-run Hindustan Petroleum (HPCL) is planning to lay a 215-km pipeline to transport liquefied petroleum gas (LPG) from the Haldia port to the company’s bottling plant in Panagarh, West Bengal. As much as 1.06 million tonne per annum (MTPA) of product is estimated to be transported through the pipeline by FY26. The company’s demand for […]
India’s state-owned gas utility GAIL India Ltd plans to launch a new portal to allow anyone to hire its vast pipeline network for transporting natural gas as it makes last-ditch attempt to ward off a split of the company, as is being proposed. India‘s oil ministry has been for last few months considering separating GAIL’s […]
India wants to split its biggest gas marketing and trading firm, state-run GAIL (India) Ltd, into two separate companies by the end of March 2019, in a bid to open up its gas sector to industrial end-users and attract billions of dollars in investment in liquefied natural gas (LNG) terminals. Gas Authority of India Ltd. […]
The global natural gas market is undergoing a major transformation driven by new supplies coming from the United States to meet growing demand in developing economies and industry surpasses the power sector as the largest source of gas demand growth, according to the International Energy Agency’s (IEA) latest market analysis and five-year forecast on natural […]
China will accelerate expanding oil and gas distribution in the next decade to ensure energy security and help boost industry, the Shanghai Daily reported the country’s top economic and energy planners as saying. The country will have an oil and gas distribution network as long as 240,000 kilometers by 2025, up from 112,000 km at […]
There are major uncertainties over demand in the global liquefied natural gas (LNG) market, and the transforming industry is navigating through unchartered waters, a KPMG’s Global Energy Institute (GEI) said in its latest report. The report said the industry was globalising, as the number and types of buyers and sellers numbers and types expanded; pricing […]
