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Share of imported gas may rise

Share of imported gas may rise

Reports suggest that the share of import in total natural gas consumption in the country may rise from the current level of 40 percent as domestic production fails to keep pace with growth in demand. Recently, the country's biggest liquid gas importer Petronet LNG has notched up a world record by offloading its 1,000th shipload at its Dahej terminal. This is the first for a

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GAIL may not concede right of first refusal

GAIL may not concede right of first refusal

GAIL India, which is one of the promoter shareholder of Petronet, refuses to concede its right of first refusal on the 5.2 percent stake of Asian Development Bank (ADB) in Petronet. The multilateral lending agency plans to sell its 5.2 per cent stake in Petronet, which has been formed as a joint venture by the Government with non-public sector cha

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GAIL may not concede right of first refusal

GAIL may not concede right of first refusal

GAIL India, which is one of the promoter shareholder of Petronet, refuses to concede its right of first refusal on the 5.2 percent stake of Asian Development Bank (ADB) in Petronet. The multilateral lending agency plans to sell its 5.2 per cent stake in Petronet, which has been formed as a joint venture by the Government with non-public sector cha

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India seeks more oil and gas from Qatar

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.