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PMT GAS FIELDS
PMT Fields Case: UK court says Indian govt can’t contest its orderA UK court has denied the Indian government permission to appeal in the so-called ‘agreement case’ in the decade-old PMT dispute over shari...- ONGC gets cracking at Panna-Mukta field; cost-saving measures reap dividendsSoon after taking over the field last month, ONGC changed the shipper to state-owned Shipping Corporation Ltd, resulting in saving of about...
- Shell-Reliance give up Panna-Mukta fields; western offshore fields to revert to ONGCPanna-Mukta and Tapti (PMT) oil and gas fields in the Arabian Sea off the Mumbai coast were in 1994 awarded a consortium of US energy giant...
- RIL, Shell, ONGC asked to pay $3 billion in penaltyThe government asked the companies to pay a fine proportionate to their stake in the Panna Mukta Tapti oil field. RIL and Shell have challe...
- Tapti gas field expected to cease production by year end: RILThe depleted Tapti gas field of the Panna/Mukta and Tapti (PMT) cluster in Arabian Sea is likely to cease production by the end of this yea...
- Oil Ministry says $5.6 billion production loss at PMT fieldsThe government's share was $ 1.3 billion. Besides, the government also earned $ 590 million as royalty and $ 472 million as cess from these...
- Panna-Mukta and Tapti fields reach production milestone of 500 million barrels of oil equivalentThe consortium comprises of state-run energy explorer ONGC which holds a 40 per cent stake and RIL and BG Exploration and Production India,...
- 35% decline in gas output from Tapti field in past 3 yearsNatural gas production from the BG Group-operated Tapti field off the Mumbai coast has fallen by over 35% in past 3 years
- Gas output from Panna-Mukta, Tapti fields down by 30%Gas output from the Panna-Mukta and Tapti (PMT) fields owned jointly by the BG Group, Reliance and ONGC has declined by around 30%.
- Price revision due to indigenous gas shortage: GGCLRLNG is currently priced at two to three times the prevailing prices of indigenous gas available to GGCL, the official said.
- NTPC to buy 1.5 mmscmd more gas from RILNTPC will buy an additional 1.5 million cubic meters a day of gas from RIL at $4.2 per mmBtu to feed its power plants in north India.
- Oil cos get govt notice for delay in paying royaltyThe government is taking a tough stand against oil majors ONGC, RIL, Cairn and the BG group (British Gas) for delaying payment of royalties.
- GAIL signs contract for PMT gasGAIL has signed a contract with the producers of gas from the consortium of RIL, the BG Group and ONGC for buying the entire quantity of 17...
- Reliance, BG refuse to sign Panna/Mukta gas dealThe companies refused to sign contracts for allocating natural gas produced from Panna/Mukta and Tapti fields to GAIL unless the marketing ...
- Shinde writes to PM to ensure PMT gas for NTPCPower Minister Sushilkumar Shinde has sought Prime Minister Manmohan Singh's intervention to get natural gas from Panna/Mukta and Tapti fie...
- Torrent protests oil min's decision to cancel PMT contractsGujarat-based Torrent Power has protested Petroleum Ministry's decision to cancel almost all contracts for sale of gas from Panna/Mukta and...
- GAIL wins rights to market gas from PMT fieldsGAIL India has won the rights to market the gas jointly produced by Reliance Industries, British Gas and ONGC from the Panna-Mukta-Tapti fi...
- GAIL wins rights to market Panna-Mukta-Tapti gasState gas utility GAIL India has been awarded the rights to market the entire gas output from Panna-Mukta-Tapti fields jointly operated by ...
- ONGC, RIL & BG to spend $1 bn on PMT fieldsAlong with its two partners-Reliance Industries and British Gas, state-owned ONGC plans to spend an additional $1billion on the Panna-Mukta...
- GAIL seeks review of gas price from Panna/Mukta, Tapti fieldsGas firm GAIL (India) has sought review of price of natural gas produced by the consortium of Reliance Industries, BG Group of UK and Oil a...
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