India plans to set up a gas trading hub to sell the fuel at market-determined prices as it looks to move away from dirtier alternatives. That still may take years.
Iran's gas production at South Pars, the world's largest gas field, has hit 610 million cubic metres per day, Oil Minister Bijan Zanganeh told state TV on Wednesday.
An investment of about Rs 50,000 crore is expected in setting up of CNG stations and pipelines to take cooking gas to households in 50 towns and cities that were bid out for city gas licence in the 10th round, oil regulator PNGRB said.
The government has asked Hindustan Petroleum Corp Ltd (HPCL) to add ONGC as its co-promoter but the oil refining company has sought further clarifications before adhering to the direction, a top company official said.
India’s success story on ‘Ujjwala’ and other policy interventions that have significantly helped expand the usage of LPG as a safe cooking fuel will be a major talking point as delegates from across the globe come together in the