Reassigning priority to the fertiliser industry in domestic gas allocation may help the government save up to ₹23,000 crore in fertiliser subsidy, the Fertiliser Association of India (FAI) has said
City gas distribution (CGD) network is turning out to be the next big downstream expansion in India, after fuel retailing, with investments of as much as ₹1.1 trillion expected over the next decade, said company executives.
The supply of piped cooking gas to 50,000 households in the city is expected to start from December.
State-run Indraprastha Gas Ltd (IGL) has raised the price of compressed natural gas (CNG) by Rs 1.70 per kg and of domestic piped gas by Rs 1.30 per standard cubic metres (scm) in Delhi, effective Monday, following a change in the rate of domestic natural gas prices payable to producers.
In 1857, when Oriental Gas Company started piping coal gas to households and commercial establishments in erstwhile Calcutta
Ukraine and Russia said they will hold further European Union-mediated talks on supplying Europe with Russian gas, in a key first step towards renewing Ukraine’s gas transit contract that expires at the end of next year.
The Reliance-BP joint venture today bid for licence to retail gas in 15 cities while Indraprastha Gas LtdNSE -1.18 % put in bids for 13 cities.
A growing fleet of ships is scanning oceans in search of new oil and gas fields as energy companies, now with more cash thanks to stronger crude prices, gradually resume spending on seismic services after a four-year downturn.
India’s eight core industries grew 3.6 per cent in May led by increased output of coal, cement, fertilizers and electricity. Core sector had grown 4.6 per cent in April.
Executives from natural gas companies call their increasingly cheap and plentiful fuel the world’s best answer to climate change: it produces about half the carbon dioxide of coal when burned in a power plant and it can fuel trucks, trains and ships.