The last time the United States was a net exporter of natural gas was in 1957, when Dwight Eisenhower was president. That should change in 2018 when the country is expected to become the world’s third-largest exporter of liquefied natural gas (LNG).
India does not rule out the possibility of joining China, Japan and Korea to jointly buy liquefied natural gas (LNG) as part of efforts to extract better deals, Oil Minister Dharmendra Pradhan said on Friday.
The RGPPL project is more popular as the erstwhile Dabhol power project that has suffered consistent issues despite the government working on its revival from time to time.
The Indian Railways has agreed to continue to purchase 500 MW power from the stressed gas based power project–Ratnagiri Gas and Power Pvt. Limited (RGPPL) power plant from April 1, 2017 and for a period of five years.
Ratnagiri Gas and Power Pvt. Limited (RGPPL) has started generation of power under the scheme of Utilization of gas based power generation capacity for the year 2015-16 and 2016-17
Reliance Industries rated ‘Overweight’; Morgan Stanley says energy investments to boost earnings until FY20
What’s next: This was the key investor question in the past two weeks after RIL’s 17% outperformance versus Sensex. While investor debate on telecom earnings and energy project execution may continue near term
France’s Engie is planning to sell its entire 10% stake in Petronet LNG, India’s largest importer of LNG. GDF International, an Engie unit, has written to the four Indian state companies that together own half of Petronet LNG to offer shares in proportion to their holdings, Petronet said.
The Gas Authority of India Limited (GAIL) pipeline project which had been stalled in the state for almost two decades has gained steam.
The Street felt that India’s largest gas marketing company may suffer losses as the price of gas it sourced was linked to the US natural gas price
India petroleum minister Dharmendra Pradhan and US energy secretary Rick Perry discussed growing cooperation between the two countries in the energy sector in the first minister-level interaction with the Trump administration on Wednesday.
More Asian LNG buyers are trying to avoid taking the U.S. supplies they signed up for just a few years ago in order to cut shipping costs.