India to bargain for undelivered cargoes for renewing LNG import contract with QatarPetronet LNG Ltd's 7.5 million tonnes a year liquefied natural gas (LNG) import deal with Qatargas is ending in 2028. Renewal, if any, has ...
24 Oct, 2021, 12.25 PM IST
Lower price of imported gas to benefit Indian companiesIndia consumed about 19 mtpa of gas in the last fiscal, with half the requirement being met by imports.
13 Sep, 2017, 08.12 AM IST
RasGas halves gas price under reworked term with PetronetPetronet had been forced to buy one of the most expensive LNG in the world this year due to a 25-year contract that didn’t quickly reflect ...
01 Jan, 2016, 04.58 AM IST
Qatar slashes gas price for India, waives off Rs 12,000-cr penaltyPradhan said the reworked formula will apply to 7.5 million tonnes a year of LNG India buys from RasGas on a long-term contract.
31 Dec, 2015, 07.16 PM IST
Qatar to waive $1 billion penalty on India for lower gas offtakeQatar has agreed to waive $1 bn penalty for breaking a long-term LNG contract, and has also consented to change the pricing formula to refl...
23 Nov, 2015, 07.51 PM IST
Selection for Petronet CEO starts againThe search for a new head of India's biggest LNG importer, Petronet LNG Ltd, started again today with the post being re-advertised as the e...
30 Jun, 2015, 07.27 PM IST
Petronet invites bids to lease out LNG storage tanks at KochiPetronet LNG Ltd has invited bids to lease out under-utilised storage tanks at its recently commissioned LNG import facility at Kochi in Ke...
21 Apr, 2014, 05.42 PM IST
Gail India in talks with Qatar to secure 3 million tonnes of LNGThe state firm wants a price of $12.5 per unit for LNG. In return, it has offered to waive its preemptive rights on the 5% stake in Petrone...
26 Aug, 2013, 05.17 AM IST
Probe Rs 27,000 cr loss in Petronet deal: Former SecretaryE A S Sarma has demanded probe into an alleged change of contract by a Qatari company supplying liquid gas to Petronet LNG.
03 Mar, 2013, 11.51 AM IST
Qatar Petroleum keen to buy stake in Petronet LNGSources said Asian Development Bank (ADB) wants to sell its 5.2 per cent stake in Petronet since last year.
25 Dec, 2012, 06.56 PM IST
RIL-BP plan to buy stake in Petronet LNG terminal shelved as ministry not keen on pactReliance Industries and BP's plan to take a stake in a new gas import terminal of Petronet LNG have been grounded under pressure from the o...
03 Aug, 2012, 08.46 AM IST
- OilMin orders probe into Petronet LNG's Qatar contract
Oil Minister S Jaipal Reddy has ordered a probe into changes made in a multi-billion dollar contract for import of liquefied natural gas (L...
20 Feb, 2012, 03.56 PM IST
- Allegations of lean gas purchases fuel probe into petronet's imports
Govt has ordered a probe into Petronet LNG's imports of liquefied natural gas following allegations that the co has quietly switched to buy...
02 Feb, 2012, 02.53 AM IST
- Oil ministry, promoters ONGC, IOC, BPCL and Gail India debate Petronet stake buy
Oil ministry officials including Petroleum Secretary GC Chaturvedi and Petronet LNG's promoters plan to debate this issue at a brainstormin...
21 Nov, 2011, 03.08 AM IST
- Petronet set to take control of Dahej unit
The company had expected that the expanded terminal would be able to operate at its full capacity by May 2009, but technical problems force...
09 Jul, 2009, 02.56 AM IST
- Petronet LNG may sell stake to RasGas
A latest report by Citibank, Petronet LNG is willing to offer up to 30% stake to Ras Laffan of Qatar.
30 May, 2007, 12.00 AM IST
- Petronet LNG expects 50 per cent cost escalation29 Jan, 2007, 10.30 PM IST