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 nationĆ¢ā¬ā¢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 TrustĆ¢ā¬ā¢s propoĆĀsed 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.