India's natural gas demand is set to more than double by 2016-17 with most of incremental demand coming from power plants. As per the projections made by Oil Ministry for the 12th Five Year Plan (2012-13 to 2016-17),
Tag: LNG
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GSPC, BG India for long-term LNG supply
Gujarat State Petroleum Corporation (GSPC) entered into a preliminary agreement with BG India, subsidiary of the BG Group, for the long-term supply of up to 2.5 million tonne per annum (mtpa) of liquefied natural gas (LNG). The agreement will help GSPC bridge the widening demand-supply deficit, both in Gujarat and across India
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GAIL LNG project faces headwinds
Farmers in Dodda Siddavanahalli village stalled the work on Dabhol-Bangalore LNG pipeline project, which is carried out by Gas Authority of India (GAIL).
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Petronet to set up 5 mnt terminal
Petronet LNG is mulling to invest $1 billion to set up a 5 million metric tonne per annum liquefied natural gas (LNG) terminal on the east coast.
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Piggybacking: Riding on gas boom
By 2020, India will need 115 to 135 billion cu m of natural gas supply, much of which is planned as an alternative to both power and energy needs.
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Towards market – driven prices
The oil ministry's plan to make users of domestic natural gas pay more so that costlier imported LNG finds buyers has been opposed by a high-level committee.
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Shale gas: The new kid on the energy mix block
While we have made good progress with CBM, shale gas presents an opportunity we cannot afford to neglect when looking at a viable option for our energy sufficiency. The government will soon come out with a policy on what is acclaimed as the newfound energy saviour.
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Coal price pooling upsets industry
Industries, including power generating companies, are expressing concern over the recent move by the government to pool coal prices.
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Many plans in this pipeline
The discovery of gas in the KG Basin has not only changed the nation’s energy vision, but its strategy to transport gas, the old new kid on the block, says Daya Kingston.
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Revamp of Kochi port stalled
Cochin Port Trust’s propoÂsed projects have been facing clearance issues from the Navy with respect to the height of the proposed installations in the flying funnel area in Willingdon Island.