There is a huge opportunity for the US to export LNG to India and China in the next five years as they push to replace coal, the head of the International Energy Agency has said as he highlighted the growing importance of the two nations in the energy market.
Indian Oil & Gas Firms Likely To Report Strong Third Quarter; Petronet LNG May See Decline In Net Income
Indian Oil & Gas companies are expected to report healthy operating profits for the third quarter ended December 2017 on the back of inventory gains, increased refinery throughput, higher crude realization and higher gas transmission volumes.
The 20 Year LNG Supply Deal Will Commence In 2018 As Originally Agreed In 2012
After Qatar and Australia, India has got Russia to lower price of liquefied natural gas (LNG) to be imported from May that will help save millions of dollars in import bill.
Prices for liquefied natural gas (LNG) spot cargoes for Japan, the world’s top buyer, rose to their highest in nearly three years in December, official data showed on Monday, in line with firm spot prices in the region.
India is planning to join the Asian rush to boost the use of natural gas over coal, a further sign that the liquefied natural gas (LNG) market will tighten faster than previously expected.
China’s imports of liquefied natural gas (LNG) jumped to a monthly record in November as residential and industrial demand surged in line with Beijing’s drive to promote use of gas rather than coal to cut winter pollution.
ET cited petroleum minister Mr Dharmendra Pradhan as saying that India’s oil ministry has asked its arm Oil Industry Development Board (OIDB) to engage a consultant for setting up the country’s first gas trading exchange.
State-owned gas utility GAIL India Ltd has sought renegotiating the price of LNG contracted from the US, Oil Minister Dharmendra Pradhan said today.
Indian gas firm GAIL (India) Ltd is renegotiating its liquefied natural gas purchase deals with U.S.-based Cheniere Energy and Dominion Cove Point, Oil Minister Dharmendra Pradhan told lawmakers on Monday.