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CHEAP LNG PRICES
Is the Iran war just an energy shock - or a turning point?A potential U.S.-Iran peace deal to reopen the Strait of Hormuz could signal a watershed moment for global energy markets, moving beyond a ...- An LNG glut is on its wayThe closure of the Strait of Hormuz and the shutdown of Qatar’s LNG exports have pushed gas prices higher, but the disruption could ultimat...
- India working on Rs 40,000 crore subsea gas pipeline project to help mitigate risks brought to fore by Hormuz blockadeIndia subsea gas pipeline project: India is accelerating plans for a direct deep-sea gas pipeline from Oman, estimated at ₹40,000 crore, to...
- Oil shock will hit Asia harder than the 1970sAsia is experiencing energy shocks similar to the 1970s oil crises, with rising fossil fuel costs impacting consumers and industries. This ...
- Iran war exposes cost of Asia's fossil fuel relianceThe latest global energy shock highlights the risks of fuel import dependence, with Bangladesh hit hard by soaring LNG costs after supply d...
- LNG still too pricey for Indian demand boost, top importer saysIndia's largest LNG importer, Petronet LNG Ltd., stated that prices must fall to $6-$7 per million Btu to significantly boost demand. Curre...
- India’s LNG buyers stall deals as they await record supply waveIndian LNG importers are delaying long-term deals, seeking lower prices as a surge in global supply is anticipated. Major buyers like Gail ...
- CNG prices have increased by up to 37% in past six monthsAdani Gas has raised CNG prices in Ahmedabad by 37% while Gujarat Gas has increased rates in all its operating areas in Gujarat by 30%. In ...
- View: The energy transition should not impinge on our energy securityThe assumption of plentiful global supplies at affordable rates has been a key contributor to India’s ambition of raising the share of natu...
- India's Petronet has no plans to invest in LNG developersPetronet, the country's top gas importer, has time until December-end to consider investing $2.5 billion for 5 million tonnes per annum (mt...
- Petronet plans to cancel 10-year LNG import tender: SourcesIndia is scouting for cheap gas for price-sensitive consumers as Prime Minister Narendra Modi wants to raise the share of natural gas in th...
- Falling LNG rates may hit discoveries: Industry executivesIn November, when RIL-BP offered 5 million metric standard cubic meters a day (mmscmd) of gas proposed to be produced from its KG Basin fie...
- GAIL Q1 net drops 32% at Rs 424.14 croreThe company had earned a net profit of Rs 621.44 crore in the April-June quarter of the previous fiscal, a company press statement said her...
- India, Russia to explore feasibility of crude, gas pipelinesIndia has explored the idea of several energy pipelines from across the borders in the past but not one has gone beyond the drawing board.
- CNG price to rise by 9 per Kg from April on costlier domestic gasFor Delhi's consumer it will be a big blow as prices in Delhi were raised by a record 10% last month, almost wiping out the price advantage...
- Why Petronet LNG & GAIL can make for good buysWith natural gas demand set to zoom in India, the stocks of gas importers and transporters can make for good buys.
- Dwindling domestic gas supply, high cost of imports may take toll on CNG, piped gas pricesThe sharp decline in the rupee, which has fallen to its lowest level in 28 months, has exaggerated the impact of higher LNG prices.
- Kerala not to plan hydel projects nowThe Centre’s refusal to grant environmental clearance to the 150 MW Athirappilly project has prompted the state to overlook hydel projects ...
- Govt plans to subsidise imported LNGThe government plans to subsidise costly imported gas by making users of cheaper domestic gas pay more under a new rationalisation policy, ...
- Govt plans to 'subsidise' imported LNGThe government may subsidise costly imported gas (LNG) by making users of cheaper domestic gas pay more under its unique plan to rationalis...
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