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Gas price in India to dip to $5 in 3 years

Gas price in India to dip to $5 in 3 years

The new natural gas price of $5.61, which is already among the lowest in Asia Pacific, is likely to drop to around $5 per unit in three years due to the variables included in the formula, Goldman Sachs has said.

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Seasoned Veteran

Seasoned Veteran

Sandeep Pingle is Country Manager - Rhenus Logistics India. He is a highly regarded and respected senior logistics executive with 24 years of experience in the field of logistics.

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Coal Seam Gas Production Balloons in Asia

Coal Seam Gas Production Balloons in Asia

Unconventional gas is becoming increasingly popular across the Asia-Pacific, as demand for natural gas grows throughout the regionÂ’s major industrialised nations, states a new report from business intelligence experts GlobalData. The new report* looks at Coal Bed Methane (CBM), otherwise known as Coal Seam Gas (CSG), which has similar properties to natural gas, is extracted from coal seams and represents an important unconventional source of gas.

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Nokia to expand Chennai facility

Nokia to expand Chennai facility

Nokia Siemens Networks has announced the expansion of its manufacturing facility in Oragadam near Chennai from 35,000 to 55,000 sq m and increase the number of product lines by five to 33.