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INDIA PNG CUSTOMERS
Time to be selectively bullish again? 5 small-cap stocks from different sectors with upside potential of up to 29%The conditions that created the worst 18 months for small-caps are starting to ease. The US-Iran war is moving towards settlement. Crude pr...- One hike, many shocks: Indians can't ignore the Rs 933 LPG cylinder price increaseCommercial LPG cylinder prices have surged by Rs 933, impacting India's small food businesses. This price hike threatens to increase meal c...
- IGL proposes to halve PNG pressure to restaurantsIndraprastha Gas Limited proposes reducing piped natural gas pressure to 1 bar for industrial users. This move aims to minimize wastage and...
- India ramps up PNG adoption with over 5 lakh new connections amid Israel-Iran warIndia is rapidly increasing its use of piped natural gas. This shift is happening as disruptions affect cooking gas supplies. Many new PNG ...
- Akshaya Tritiya sees 30% volume drop in gold buying amid price spikeGold demand during Akshaya Tritiya dropped about 30% in volume as prices, up nearly 60% year-on-year, deterred large purchases. Buyers stay...
- Gujarat Gas rises 7% after Nomura upgrade. Is the Iran war a buying opportunity?Gujarat Gas shares saw a significant jump after a major brokerage upgraded the stock. The US-Iran conflict is creating supply chain disrupt...
- Iran war forces city gas firms to redraw strategies amid gas supply squeeze, shift focus to PNG expansionCity gas companies are shifting focus to domestic gas and accelerating pipeline construction due to supply disruptions from the Iran war. T...
- CGD stocks slump up to 31% in a year. Can LPG crisis fuel fresh interest in IGL, GAIL, and others?City gas distribution stocks have fallen up to 31% amid an LPG crisis, with the government pushing PNG connections. Despite technical weakn...
- Oil Ministry assures there is no LPG, fuel shortageThe oil ministry has assured the nation that fuel supplies are ample. Reports of panic buying and dry petrol pumps are being addressed. The...
- How to get PNG gas connection online: Check steps and documents neededIndia is boosting its gas network to reduce reliance on one fuel. A new policy may stop LPG supply to homes with piped natural gas infrastr...
- Despite PNG meter connection, nearly 40% customers can't access piped gasMany homes with piped natural gas meters are not receiving gas. The regulator is urging city gas companies to fix this issue. This comes as...
- Centre links extra LPG allocation to PNG push amid supply crunch; urges states to fast-track gas pipeline rolloutThe government is offering more commercial LPG to states. This is to encourage faster rollout of piped natural gas infrastructure. States n...
- India pushes for faster PNG adoption, asks states for quick approvalsThe government is pushing for a swift green light on city gas pipeline approvals from states, proposing to waive charges related to road re...
- LPG demand to decline 7% by 2030 on growing piped natural gas adoptionIndia's LPG demand is projected to fall. Piped natural gas (PNG) will replace LPG use. Household LPG consumption makes up 90% of total dema...
- Oil regulator PNGRB launches drive to increase piped gas adoptionWhile PNG has gained currency in the last few years after PNGRB expanded city gas networks to most parts of the country, sizable households...
- CNG sales volume grows 51% in 6 months to MarchCity gas distributors sold 19.4 million metric standard cubic meters a day (mmscmd) of CNG in six months to March 2023, up 51% from October...
- Share of imported LPG in cylinders risesIndia's LPG import dependence jumped to 64% in 2022-23 from 49% six years earlier as cooking gas consumption expanded 32% while domestic pr...
- IGL provides one lakh domestic gas connectionsIndraprastha Gas, the sole CNG and piped natural gas retailer in national capital region, has provided 1.01 lakh domestic cooking gas conne...
- Users may get to keep both LPG, PNG connectionsCustomers of cooking gas cylinders will soon be able to get legitimate piped natural gas connections in their kitchens.
- Gujarat government reduces prices of CNG, PNG across the stateGujarat Energy Minister Saurabh Patel announced a reduction in prices of Compressed Natural Gas (CNG) by Rs 10.10 per kg.
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