Mahanagar Gas Limited to Spend Around INR 950 Crore, Set Up 50 CNG Pumps in FY25
Mahanagar Gas Limited to infuse a part of INR 950 crore for setting up a Compressed Biogas plant with Brihanmumbai Municipal Corporation and also establish liquefied natural gas (LNG) stations in the joint venture company with Baidyanath LNG. Apr 1, 2024 Leading Indian natural gas distribution company Mahanagar Gas Limited is expecting to spend about […]
Uttar Pradesh to Have 100 Compressed Bio-Gas Plants (CBG) Soon: Hardeep Puri
At the inauguration of an INR 165 crore CBG plant in UP, the Union Petroleum Minister highlighted the significance of CBG plants in environmental conservation, augmenting farmers’ income, and promoting energy self-sufficiency. Mar 18, 2024 Union Petroleum Minister Hardeep Singh Puri has revealed that Uttar Pradesh will soon have 100 compressed bio-gas plants (CBG) plants. […]
GAIL Signs Purchase Agreement for a Long-Term LNG Supply from ADNOC Gas
GAIL (India) has signed an MoU to purchase approximately 0.5 MMTPA LNG from ADNOC. The delivery will start from 2026 for 10 years. Jan 29, 2024 GAIL (India) Limited, India’s largest natural gas company, has successfully concluded a long-term LNG purchase agreement for the purchase of approximately 0.5 MMTPA LNG from Abu Dhabi National Oil […]
GAIL Set to Invest INR 30,000 Crore Capex Over Next 3 Years
GAIL is planning to invest INR 30,000 crore in capex over the next 3 years, on pipelines, petrochemical projects, and city gas distribution. The company is also exploring the opportunity of equity acquisition in an LNG liquefaction terminal. Aug 23, 2023 GAIL (India) intends to invest INR 30,000 crore in capex over the next three […]
GAIL to Seal 1 Million Metric Tons Per Year LNG Import Deal With Qatar
GAIL is nearing finalization of a substantial LNG import deal with Qatar, spanning 20+ years at 1 million metric tons annually. GAIL is poised to be India’s second firm in a Qatar pact after Petronet. Aug 3, 2023 GAIL is reportedly nearing closure on a 1 million metric tons per year LNG import deal with […]
Cheniere Plans to Construct New Gas Pipeline to Produce upto 20 Million MTPA LNG
Cheniere is planning to build a new pipeline to boost LNG exports by connecting its Louisiana expansion project to various shale gas regions. This will help them to meet the growing demand and reduce the risks associated with LNG export. Jul 21, 2023 Cheniere Energy Inc LNG is planning to construct a new gas pipeline […]
Oil Ministry Shares Ongoing Construction of Multiple Natural Gas Pipelines of 12,206 Km Length
Mr. Rameswar Teli has recently shared that a total of 12,206 km of natural gas pipelines are under various stages of construction. 23,173 km pipelines, out of the total 33,592 km, have become operational. The government has taken several steps to raise the share of natural gas in India’s energy basket. Jul 28, 2023 The […]
IOC Signs Long-Term LNG Import Deals with ADNOC, TotalEnergies
IOC has signed long-term LNG import deals with UAE-based Abu Dhabi Gas Liquefaction Company Limited (ADNOC) and France-based TotalEnergies. As per agreements, ADNOC will supply 1.2 million tonnes per annum of LNG for 14 years, starting in 2026, whereas TotalEnergies will supply 0.8 million tonnes a year of LNG for 10 years starting in 2026. […]
Qatar to Sign Record Volumes of LNG Offtake Contracts in 2023
Qatar’s energy minister, Mr. Saad-al-Kaabi has stated that Qatar is expected to sign a record volume of long-term LNG offtake contracts, and will be supplying nearly 40 percent of new global LNG output by 2029. The 40% supply estimate is based on Qatar’s domestic LNG production, and a joint venture with Exxon Mobil. Jul 12, […]
Centrica Signs 15-year LNG Supply Deal with Delfin Midstream
Centrica has signed a long-term sale and purchase agreement with Delfin Midstream Inc. for supplying 1.0 million tonnes per annum of LNG for 15-years. With a market value of USD 8 billion, the deal marks an additional move by Centrica to build further resilience in the UK’s energy security. Jul 11, 2023 Centrica and Delfin […]
