Falling LNG prices may lift city gas distributor margins by 250-300 bps: CRISIL Research

A 22-25 per cent decline in the prices of liquefied natural gas (LNG) since January this year, and an expected 5-7 per cent increase in consumption of piped natural gas (PNG) and compressed natural gas (CNG) should drive up the operating profit margins of city gas distribution (CGD) companies by 250-300 basis points (bps) in […]

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City gas distribution, fertiliser sector to drive gas demand: CRISIL report

Gas demand is expected to grow at 3.5% CAGR between fiscals 2018 and 2023 to 191-193 MMSCMD. The main push for incremental demand is expected to come from the fertiliser and city gas distribution (CGD) sectors, ratings agency CRISIL Research said in its latest report. The conversion of naphtha-based urea plants, commissioning of new capacities […]

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India launches #Gas4India campaign aimed at promoting use of nautral gas in the country

India, striving hard to increase the share of natural gas in the country’s energy basket, launched a special campaign aimed promoting the use of gas in various domestic and industrial activities. Petroleum and Natural Gas Minister Dharmendra Pradhan launched the unified cross-country, multimedia, multi-event campaign to communicate the national, social, economic and ecological benefits of using […]

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