It’s been 18 months since the city got its first Compressed Natural Gas(CNG) station, yet only around 350 vehicles are currently plying on the alternative fuel. Bengaluru is home to 73 lakh vehicles.
Consumers may have to pay more for using natural gas (CNG) and cooking gas (PNG, or piped natural gas) from next month as the benchmark price for natural gas produced from domestic fields is expected to hit a two-year high during the six-monthly revision due on April 1.
Those against Compressed Natural Gas (CNG) projects are against the development of the state, Chief Minister Pinarayi Vijayan has said. He was speaking after inaugurating four CNG filling stations of the Indian Oil Corporation in Kochi through video-conferencing at a function at Kalamassery on Thursday.
The government may raise domestic natural gas price next week to its highest level in two years, a move that will translate into higher CNG price and increase cost of electricity and urea production.
National Agricultural Cooperative Marketing Federation of India (NAFED) will develop a Bio-Compressed Natural Gas (CNG) facility near Azad Mandi, using agriculture waste produced in the area.
The CNG stations across the district will remain close for 3 days this weekend.
Cut in oil cess, rise in royalty proportionate to coal bed methane (CBM) output, waiver of customs duties on capital goods for new refineries and exemption of excise duty on CNG are some of the key measures the oil industry wants the government to include in its budget proposals this year.
PHD Chamber of Commerce and Industry and CRISIL have recommended a way forward for hydrocarbon sector, emphasizing on lowering of their imports by increasing domestic production and improving strategic alliances with oil and gas exporting nations as it can help India achieve energy security.
After “one paisa” bids spoilt the initial auction rounds, oil regulator PNGRBhas proposed to radically change the bidding parameters for obtaining a licence to retail CNG and piped cooking gas in cities.
After “one paisa” bids spoilt the initial auction rounds, oil regulator PNGRB has proposed to radically change the bidding parameters for obtaining a licence to retail CNG and piped cooking gas in cities.