Natural Gas

Natural Gas News

Explainer: Gas sector needs sound regulation

In the downstream sector, the Petroleum and Natural Gas Regulatory Board (PNGRB), set up under the PNGRB Act, 2006, regulates…

Updated: January 4, 2023 07:25 IST

APM gas, Kirit Parikh panel, natural gas prices, natural gas prices in india

Parikh panel moots lower price band for APM gas; pricing freedom from 2027

The volume-weighted average of the price prevalent in a 12-month period in US-based Henry Hub, Canada-based Alberta gas, UK-based NBP…

December 1, 2022 06:30 IST

vat, value added tax, haryana government, state government, ev, ev technology

Industrial units to get 50% rebate in VAT in Haryana for using natural gas

This scheme will be applicable to entire industries including MSMEs and will be effective for two years from the date…

October 22, 2022 20:34 IST

High city gas prices to cut consumption growth by nearly 15 percent this fiscal: Report

Out of the total city gas volumes, 50 percent belongs to CNG (Compressed Natural Gas) consumers, 10 percent belongs to…

October 5, 2022 11:36 IST

Steep hike in gas price: Power, CNG to get costlier

Despite the steep hike in prices in April, domestic gas prices have been lower than landed LNG prices.

October 1, 2022 06:25 IST

Gas prices hiked 40 pc; CNG, PNG to cost more

The government wants to more than double the share of natural gas in the primary energy basket to 15 per…

September 30, 2022 19:37 IST

Gas price review panel seeks more time

The panel headed by former planning commission member Kirit S Parikh was tasked to suggest a “fair price to the…

September 27, 2022 18:19 IST

natural gas, natural gas demand, natural gas production,

India aims to have 15% gas in energy mix by 2030

GMTS started defaulting on supply to GAIL since late May and so far in the current calendar year, it has…

August 19, 2022 04:50 IST

Gas flows via Nord Stream 1 resume briefly in pressure tests Reuters

Where does Russia stand in terms of gas supply to EU?

Over the past week, Russian state-owned energy giant Gazprom has decided to cut off 20% of its capacity due to…

Updated: August 10, 2022 16:23 IST

Cairn Oil & Gas to convert Mangala pipeline to solar power by 2025

To commemorate World Environment Day on June 5, Cairn Oil & Gas will convert the Mangala pipeline to solar.

June 4, 2022 18:27 IST

With this approval, upstream gas production of marketing and pricing freedom gas, such as from CBM,and domestic small fields, as well as marketing freedom ceiling gas (difficult fields) can now be effectively managed through flexible contracts at IGX.

Indian Gas Exchange gets nod to trade in domestic natural gas

On August 19, 2021, the ministry of petroleum authorised domestic gas producers to sell up to 500 million standard cubic…

May 13, 2022 06:15 IST

Domestic demand for natural gas is seen rising by 12-14% in the new fiscal

Data Monitor: Gas demand likely to rise by 12-14% in FY23

Healthy growth in downstream sectors like city gas distribution and fertilisers will drive growth in demand.

April 5, 2022 00:00 IST

Indigenous natural gas production caters to about 51% of the country’s requirements, while around 85% of the country’s crude oil is imported.

Domestic natural gas output falls 2% in January

Domestic natural gas output fell 2.8% y-o-y to 31,168.4 mmscm in FY20, reversing the growth trend recorded since FY18.

February 20, 2021 02:00 IST

Essar Power to start 500 mw Hazira gas-based plant in 3 months

The Essar Power-Hazira is a multi-fuel (naphtha, high-speed diesel, natural gasoline liquid and/or natural gas) combined-cycle power plant.

June 12, 2016 13:59 IST

Unlikely casualty in California’s renewable energy boom: Natural gas

An unexpected combination of oversupply of natural gas and a boom in solar and other renewable energy has depressed power…

June 9, 2016 17:04 IST

Natural gas prices cut by 20%; CNG, cooking gas to cost less

CNG and piped cooking gas prices across the country will fall after natural gas rates were today cut by a…

March 31, 2016 18:56 IST

S&P affirms ONGC ratings, says reflects competitiveness

Standard & Poor’s today affirmed its ratings on ONGC, saying it reflects the company’s strong competitive position and expectations of…

January 23, 2016 04:30 IST

Now Moody’s says gas price cut will impact investment

Earlier, Standard & Poor’s said the 18-percent cut in domestic prices of natural gas will discourage oil exploration and production…

October 5, 2015 10:26 IST

Domestic gas price set to drop 18.14% to $4.24 per unit from Oct 1

The price of domestic natural gas is decided based on a formula approved by Modi-government in October last year, which…

Updated: September 30, 2015 12:17 IST

South Korea to build LNG bunkering terminals, wants to dominate duel-fuel tanker building

South Korea plans to construct liquefied natural gas bunkering terminals at some of its ports as part of a drive…

July 15, 2015 12:35 IST

Reliance Industries Limited MJ-1 discovery may hold 1.4 Tcf of gas resources

Reliance Industries’ recent gas discovery MJ-1 in KG-D6 block may hold 1.4 trillion cubic feet of gas resources.

Updated: April 7, 2015 16:02 IST

Govt makes e-tendering must for larger orders by oil PSUs

In order to prevent anomalies in awarding contracts, the ministry of petroleum and natural gas…

Updated: April 4, 2015 00:53 IST

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