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REGASIFICATION TARIFFS
Value of India's crude imports from Russia surges significantly at a CAGR of 96% during FY20-FY25: ReportIndia's oil and gas sector is strategically transforming amidst global shifts, with Russian oil now dominating imports at 35% in FY25, a su...- Petronet LNG shares fall over 6% amid PNGRB criticism and Citi's bearish outlookPNGRB has criticized Petronet LNG for profiting at the expense of gas consumers by repeatedly raising tariffs at its Dahej terminal without...
- Petronet, Shell, Adani-Total push back against PNGRB's attempt to regulate LNG terminalsLiquefied natural gas (LNG) operators Petronet LNG, Shell, and Adani-Total are opposing the Petroleum and Natural Gas Regulatory Board (PNG...
- Dhamra LNG terminal built entirely on promoter finance; no financial commitment from IOC, GAIL, say sourcesThe project cost of Dhamra LNG terminal is Rs 6,450 crore, the sources said responding to Moitra's assertion that the terminal to import na...
- GAIL shares jump over 4% to fresh 52-week high on UBS’ upgradeUBS has put a price target at Rs 150 for GAIL arguing that the utility nature of the business could lead to re-rating in the stock. India's...
- IGX starts operations from two more gas hubs at Dabhol, JaigarhH-Energy through its wholly owned subsidiary, Western Concessions Private will shortly commence operations of India's first floating storag...
- APP asks power ministry to reintroduce gas subsidy scheme to revive power plantsThe body has also sought dedicated allocation or auction of gas for power sector and inclusion of natural gas under goods and services tax ...
- Govt shelves a proposed revival scheme for the country's 24,000 MW gas-based projectsPower and renewable energy minister R K Singh told ET that the government will allow all conventional sources in the next tender to support...
- Low gas prices may help revive power assetsIndustry experts said warmer winters in Korea and Japan, restart of Japanese nuclear power plants and Covid-19 outbreak coupled with increa...
- Two schemes floated to revive stranded gas-based power unitsThe schemes include procuring 2,000 MW from gas-based plants through auction and bundling it with an equal capacity of solar power. Another...
- Power ministry proposes reverse e-auction for gas-run plantsThe power plants are proposed to be run on imported LNG to be made affordable through haircuts by central, state governments, power compani...
- Even bear hugs can’t hold these stocks downAbout 15 stocks have outperformed the broad index (BSE500) in the past five bearish cycles.
- Petronet has enough fuel for the long runThe new pipeline will tap potential demand for 1 million tonnes of gas from clients such as MRPL.
- To revive projects, gas-based power companies seek subsidised natural gas importsThe 25,000MW gas-based domestic plants, of which over 14,000MW are stranded, have a debt of more than Rs 48K-crore.
- PMO steps in to give Dabhol Power Project new lease of lifeThe PMO may ask the Maharahstra state government to waive off state-wise transmission charges and transmission losses, and also waive off t...
- Rising gas demand to fuel Petronet LNG’s earningsLNG demand increased by 26% in the first five months of FY17 after rising 15% in FY16. In September, the gas import was at a record high of...
- E-auction for allocation of imported regasified liquefied natural gas to begin on May 12Regasified LNG imports can light up 9,000 mw of stranded power plants.
- Hiranandani Group awards contract to Sener-Afcons for LNG facilityHiranandani Group awarded a contract to Sener-Afcons J.V. for an 8 mn tonnes per annum LNG import, storage & regasifications terminal in Ma...
- Gas price revision a step forwardThe Union Cabinet's decision to double the domestic natural gas price is in keeping with the ground reality of dearer gas prices.
- Profitability impacted due to fall in regasification volumes: Dr A K Balyan, Petronet LNG"We had a phase in between when the spot prices had gone much higher to the level of $18-19 which was not very affordable in the Indian mar...
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