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.
Tag: Qatar
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Gail India talks to Qatar to buy 3 mn tonne LNG
To secure 3 million tonnes of LNG at a price lower than the offered $14 per unit, Indian government-owned natural gas processing and distribution company Gail India is negotiating with gas-rich Qatar. Gail India is offering to help Qatar Petroleum to buy 5 per cent equity in Petronet LNG. Gail India wants a price of $12.5 per unit for LNG.
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Report on Petronet LNG deal expect in some weeks
According to media reports, a two-member team
appointed by the Petroleum Minister Veerappa Moily, to probe the alleged irregularities in the gas supply deal between Petronet LNG (PLL) and Qatar-based Ras Laffan, would submit its report in some weeks. The team was appointed by the Moily in January as the earlier inquiry ordered by former minister Jaipal Redd
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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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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.
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IOC revisits Ennore for LNG and power
Indian Oil Corporation (IOC) will commission a detailed feasibility report (DFR), which will cost Rs 3-4 crore on a 2.5 mt a year liquefied natural gas (LNG) import terminal at Ennore.