According to media reports, Petronet LNG may operationalise its Phase-I of the natural gas terminal at Kochi by the end of August 2013. The company, which initially planned to commission the project during March 2013, faced several roadblocks.
Work on the project in the southern end of Vypin island
Tag: Petronet LNG
Post
Petronet plans to operationalise phase I of terminal project by Aug
Post
Petronet considering GAIL proposal to renegotiate deal
Petronet LNG is said to be considering the proposal to renegotiate the Sale Purchase Agreement for natural gas it decided to source from Gorgon in Australia. GAIL India recently suggested Petronet to renegotiate the contract the latter entered into in August 2009 with Australia on grounds that the scenario changed worldwide since then
Post
Petronet to rope in contractors for LNG terminal project
In order to set up gas storage facilities, re-gasification plant and marine facilities for its proposed 5 million ton LNG terminal in Gangavaram, Petronet LNG will rope in contractors. In order to select contractors, the company invited bids from eligible entities. Some months ago, the board of the firm approved the plan to set up the LNG terminal, which would be the first
Post
United LNG seeks govt nod for gas supply to Petronet
Houston-based United LNG will supply 4 million metric ton a year of liquefied natural gas to Petronet LNG for 20 years after the US Department of Energy gives its approval. While both, Petronet and United LNG, signed a preliminary agreement for the supply of LNG, the final agree
Post
Petronet holds talks on Rs 6 bn LNG terminal project
Petronet LNG is said to be holding early stage discussion with the Andaman and Nicobar administration for setting up its first liquefied natural gas (LNG) terminal outside mainland India. The proposed mini-LNG terminal, which may cost about Rs 600 crore, may have an initial capacity of slightly over 0.5 million tonnes (mn t) and this would prim
Post
Petronet may commission Kochi terminal by end March 2014
As many as three Re-gasified Liquefied Natural Gas (R-LNG) terminals exist now in the country while the fourth R-LNG terminal is under construction at Kochi (Kerala) by Petronet LNG (PLL). Giving this information in a written reply in the Lok Sabha recently, Panabaaka Lakshmi, Minister of State for Petroleum & Natural Gas informed that the Kochi RLNG terminal may be commissioned during 2013
Post
Govt yet to decide on GAIL’s plan to buy more stake in Petronet
Union Petroleum Secretary Vivek Rae informed reporters that the government was yet to take a decision on whether to allow GAIL India to raise its shareholding in Petronet LNG. GAIL India, which holds 12.5 per cent stake in Petronet LNG, has shown keen interest in buying an additi
Post
Share of imported gas
Reports suggest that the share of import in total natural gas consumption in the country may rise from the current level of 40 per cent as domestic production fails to keep pace with growth in demand. Recently, Petronet LNG has notched up a world record by
Post
Share of imported gas
Reports suggest that the share of import in total natural gas consumption in the country may rise from the current level of 40 per cent as domestic production fails to keep pace with growth in demand. Recently, Petronet LNG has notched up a world record by
Post
CGD segment in limbo
The government introduced the Petroleum and Natural Gas Regulatory Board to regulate and develop the City Gas Distribution business in India. However, the sector is still facing many challenges on its way,