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Higher oil demand growth expected this year

Higher oil demand growth expected this year

India´s oil demand growth will exceed 11 per cent this year as the world´s third-largest oil and gas consumer fires up its economic development, said Minister of Petroleum and Natural Gas Dharmendra Pradhan.

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Indian Oil, GAIL sign MoU for equity stake in Dhamra LNG terminal

Indian Oil, GAIL sign MoU for equity stake in Dhamra LNG terminal

Indian Oil Corporation Limited and GAIL (India) Limited have signed an MoU with Dhamra LNG Terminal Private Limited (DLTPL) for taking equity in the 5 MMTPA capacity LNG receiving, storage and re-gasification terminal being set up at Dhamra Port, Odisha. The agreement was signed in New Delhi in the presence of Minister of State for Petroleum and Natural Gas Dharmendra Pradhan.