The LNG floating and processing plant near Kakinada in Andhra Pradesh would handle 3.5 million tonne of gas per annum when it becomes operational, reports suggest.The plant, which is being jointly set up by Andhra Pradesh Gas Distribution Corporation, French company GDF Suez and Gail Gas (part of GAIL
Tag: LNG
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Oil India appoints consultant for 2.5 mn t LNG project
According to company sources, Oil India (OIL) has appointed a consultant to prepare report on its proposed
2.5-million tonne (mn t) liquefied natural gas (LNG) receiving terminal in the country. Geneva-based Foster Wheeler AG is said to be the firm that bagged the consultancy contract for the project, which marks OIL's foray into imported gas. With the proposed LNG terminal, the company will join
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Ministry notifies norms for LNG terminals
In order to encourage the setting up of LNG Terminals in the country, the petroleum ministry framed rules on eligibility conditions for registration of liquefied natural gas terminals (LNG).The new regulation aims to bring about an environment of equitable access and commercial transparency to foster higher availability of imported gas in the country, the ministry said in a
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BP withdraws from 9 blocks
After initial assessment, UK's BP decided to withdraw from 9 oil and gas blocks in which it bought stake from Reliance Industries (R
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RIL-BP gas to AP
Reliance Industries and BP India are in talks with gas-starved power projects of Andhra Pradesh to supply long-term liquefied natural gas (LNG).
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Energy | Why LNG for India?
LNG has proved to be moe expensive than investors had bargained for. Yet why do investors keep returning to that option? Energy mix of a country is driven by the domestic availability of fuels and govĂÂernmentââŹâ˘s energy sector policies incluĂÂding of...
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Dhamra Port terminals
Dhamra Port plans to set up terminals for handling liquefied natural gas and containers at the port to tap the growing demand for these.The port will set up the two terminals with the help of strategic investors who will invest for a 2.5 million tonne per annum LNG regasification facility and a container terminal.
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GAIL clinches cheap gas import deal
GAIL India managed to clinch a deal to import natural gas from a US-based company for deliveries from 2016-17 at the Henry Hub-benchmarked price, which is lower than the Japanese Crude Cocktail (JCC).
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RIL, BP ink gas joint venture
Reliance Industries (RIL) and BP have set up India Gas Solutions, a 50:50 joint ventĂÂure company, to globally souĂÂrce and market natural gas in India. It will also develop infrastructure for transportation and marketing of the gas.
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India seeks more oil and gas from Qatar
India has sought additional quantities of crude oil and LNG from Qatar. Currently, India has a long-term contract for importing 7.5 million tonne per annum of LNG from Qatar at Petronet LNG's Dahej terminal.