India, Russia sign MoU for LNG supply & low-carbon ammoniaThe MoU envisages spot and long-term LNG deliveries to Deepak Fertilisers, including from the Arctic LNG 2 project. The Parties also intend...
08 Feb, 2023, 08.16 PM IST
Russia defaults on supply of LNG to IndiaWhile the contract provides for making up of the volumes not supplied later, the Russian firm has so far nor indicated how and when it will...
19 Jul, 2022, 10.07 PM IST
GAIL says no disruption in Russian LNG supplies due to sanctionsEarlier this month, Moscow slapped sanctions on the owner of the Polish part of the Yamal pipeline that carries Russian gas to Europe, as w...
27 May, 2022, 09.20 PM IST
India pays for Russian LNG imports in US dollarAn LNG shipload was received on March 25 and its payment will be due in early April. There is no indication that the payment for this cargo...
27 Mar, 2022, 10.18 AM IST
Putin says Europe only has itself to blame for surging gas pricesThe European Union can only blame its own policies for record gas prices as some of its members resell cheap Russian gas at much higher pri...
24 Dec, 2021, 09.35 PM IST
'Living hand to mouth': Europe's gas crunch shows little sign of easingConsumers in the European Union and Britain face further gas price spikes this winter as flows of Russian gas via major transit routes are ...
22 Nov, 2021, 10.45 PM IST
India receives first direct shipment of Russian LNG under long term contractThe shipment was supplied by Russian gas company Gazprom under its long-term (20 year) LNG contract with GAIL (India) Ltd, it was been lear...
26 Oct, 2021, 10.51 PM IST
India to import 1st Russian LNG tomorrowThe contract was signed on an FOB basis in 2011, with the price formula set at 115 per cent of the Henry Hub gas price plus a fixed USD 3 p...
03 Jun, 2018, 01.25 PM IST
After Qatar and Australia, Russia lowers LNG price for IndiaState gas utility GAIL India Ltd has convinced Russia's Gazprom to lower price of gas under a 20-year deal as well as defer delivery of som...
16 Jan, 2018, 05.52 PM IST
Russia offers Indian firms stake in Yamal LNG projectThe offer of stake in JSC Yamal LNG was made when Oil Minister Dharmendra Pradhan visited St. Petersburg last month, sources privy to the d...
10 Jul, 2016, 02.12 PM IST
China's Silk Road Fund buys stake in Russian LNG projectSilk Road Fund said it will buy 9.9 per cent stake in an LNG project of Russia's second-biggest gas producer Novatek.
18 Dec, 2015, 08.16 PM IST
ONGC no longer interested in Yamal LNG projectONGC is no longer keen to acquire a stake in Russian natural-gas producer OAO Novatek's USD 20 billion Yamal LNG project.
29 Sep, 2014, 04.10 PM IST
ONGC-led consortium eyes remaining 9% stake in OAO Novatek’s Yamal LNG projectCNPC pre-empted its move and bought 20% stake in September. The Indian consortium will face tough competition from Japanese firms as well.
03 Oct, 2013, 04.30 AM IST
OVL-IOC-Petronet consortia in talks for stake in Yamal LNGOVL-IOC-Petronet were originally interested in taking up to 15% stake in the Yamal project, which also requires construction of an airport ...
09 Sep, 2013, 04.56 PM IST
- Russia to boost LNG supplies to India
Medvedev said that Russian natural gas monopoly Gazprom has inked the memoranda covering major supplies of LNG to India with several Indian...
17 Dec, 2011, 01.28 AM IST
- India to press Russia again for tax breaks on OVL's Imperial, Sakhalin investments
Russia has rejected India's request for tax breaks on investments made by ONGC Videsh Ltd in Imperial Energy and Sakhalin- 1.
16 Jun, 2011, 01.36 AM IST
- OVL to bid for stake in Yamal gas field in Russian Arctic
ONGC Videsh Ltd, the overseas arm of state-owned ONGC, plans to submit a bid for taking a stake in Yamal gas field and the accompanying LNG...
30 May, 2011, 10.56 PM IST