Government-owned oil exploration and marketing companies would invest another $6 billion (Rs 38,000 crore)
Tag: LNG
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Move to revive gas-based power will benefit banks
Terming the Indian Government´s decision to revive and improve utilisation of the country´s stranded gas-based power generation plants to import feed stock
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The new gas pricing policy is a step in the right direction but more is needed
The government has highlighted Oil & Gas (O&G) as a priority sector as part of its ‘Make in India’ campaign. The focus in O&G will be on Oil Field Services and Equipment (OFS). An interesting model could be Malaysia and Dubai kind of service hubs on the east coast and west coast of the country.
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India to discuss LNG imports with US
India will strongly raise the issue of LNG imports with President Barack Obama as the country wants liquefied natural gas to be exported only in vessels built in USA, manned by US crew and insured by American companies.
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IOC yet to start work on Rs.5,150-crore LNG project
State-owned Indian Oil Corp (IOC) has said that it is yet to commence work on a Rs 5,150 crore liquefied natural gas (LNG) import terminal at Ennore in Tamil Nadu.
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The new gas pricing policy is a step in the right direction
The government has highlighted Oil & Gas (O&G) as a priority sector as part of its ´Make in India´ campaign. The focus in O&G will be on Oil Field Services and Equipment (OFS). An interesting model could be Malaysia and Dubai kind of service hubs on the east coast and west coast of the country.
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The infrastructure story is waiting to unfold
Infrastructure is the backbone on which the economic and social wellbeing of any country hinges. Though India has emerged as the third largest economy, its GDP growth rate slowed down to less than 5 per cent in FY 13-14, as against a CAGR of 8.4 per cent during 2003 - 2010.
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India will benefit from the Shale gas
John Westwood, Group Chairman of Douglas-Westwood and Dan Eberhart, CEO of Canary USA, give their insights on the future of oil & gas in the Indian market.
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Oil & Gas Stepping on the Gas
The complete deregulation of diesel prices and the announcement of the new gas pricing formula are bound to give a fillip to the oil & gas sector in the country. Finally, the oil & gas sector has been visited by the ´reforms
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NMPT targets 100 mt handling capacity by 2020
According to PC Parida, Chairman of New Mangalore Port Trust (NMPT), the port is in the process of increasing its capacity to 100 million tonne (mt) by 2020. He said that the port has already