India’s H-Energy on Wednesday said it expected to delay the start-up of a liquefied natural gas (LNG) terminal in the west of the country until the first quarter of next year. The terminal had been slated to start full commercial operations by the final quarter
French energy giant Total SA is in talks to buy up to half of Adani Group’s stake in LNG projects in Gujarat and Odisha, an under-construction LPG import facility and in its city gas projects, sources privy to the development said.
It is notable and significant that New Delhi and Moscow have agreed to step up co-operation for Russian liquefied natural gas (LNG) and oil field development projects.
Indian energy firms are eyeing stake in oilfields in Russia’s Pechora and Okhotsk Seas as well as developing the LNG project in the former communist nation, a statement issued after talks between visiting Russian President Vladimir Putin and Prime Minister Narendra Modi said.
The first major liquefied natural gas (LNG) project to be approved globally in five years will be built in Canada, but its underlying philosophy appears to be more closely allied to the Australian concept of “she’ll be right, mate.”
Prime Minister Narendra Modi on Sunday said that Gujarat was emerging as the country’s LNG hub, a reason for the people of the state to feel proud.
India will start operating a new liquefied natural gas (LNG) import facility in western Gujarat state by the end of next month, as part of the nation’s steps to build infrastructure for a gradual rise in gas use.
LNG buyers are making the best of a surge in gas supply. Most of the recent sale-purchase agreements (SPAs) with a term of over two years were done through the tender route, Petronet LNG Ltd highlighted in its annual report.
French energy giant Total SA will exit the Indian LNG venture by selling 26 per cent stake to its partner Royal Dutch Shell, the two companies announced on Monday.
The steep 70 per cent spike in global liquefied natural gas (LNG) price is unlikely to curb domestic demand, but may crimp the margin of city gas distribution (CGD) companies to some extent as volume growth will support marketing margins, according to a report.