LNG

Shell seeks to sell 27.5% stake in Sakhalin-2 plant; Shell in talks with group of several Indian firms, say sources

Concerns have grown over natural gas supply disruptions in Europe amid the ongoing crisis surrounding Ukraine, as Russia is the biggest provider of gas to Europe, reports Yonhap News agency

The wholly-owned subsidiary Atul Greentech Pvt Ltd designs and develops innovative solutions for last-mile electric mobility for domestic and export markets

Fitch Ratings cut its India gas consumption outlook for the current fiscal to a growth of 5 per cent as the recent spike in domestic gas prices and high LNG rates would slow the shift

Petronet operates a 17.5 million tonnes a year LNG import facility at Dahej in Gujarat and another 5 million tonnes facility at Kochi in Kerala

The Paris-based group, whose members account for more than 90% of global LNG trade, issued a statement a day earlier after a meeting of its executive committee

Shell operates a 5 million tonnes a year liquefied natural gas (LNG) import facility at Hazira in Gujarat and has a small network of petrol pumps.

The Russia-Ukraine war has put the spotlight on the role of liquefied natural gas (LNG) in the global energy futures

GAIL has a deal to receive 2.5 million tonnes of liquefied natural gas (LNG) annually on a delivered basis from Russia's Gazprom

The EU is aiming to cut its dependency on Russian gas by two-thirds this year and end all Russian fossil fuel imports by 2027 due to Russia's invasion of Ukraine.

The lack of storage infrastructure will weaken India's energy security and delay the transition to clean fuel

Resource-poor Japan depends overwhelmingly on fossil-fuel imports to meet its energy needs, complicating calls for the nation to boycott Russia's oil and LNG after Moscow's invasion of Ukraine

GAIL handles regassified LNG of around 89 million metric standard cubic metres per day

LNG in post-Covid era: How global demand and supply will shape India market

India has set a target of raising the share of natural gas in its energy basket to 15 per cent by 2030 from the current 6.72 per cent

Petronet plans to make foray into the petrochemical business by investing Rs 12,500 crore in a Propane Dehydrogenation Plant that will convert imported feedstock into propylene

Last month, the United States, the world's top producer of natural gas, asked Qatar and other major energy producers to examine whether they could supply Europe if Russia were to cut supplies

Industry Minister declined to confirm media reports that the United States had asked Japan if it could divert some of its LNG imports to Europe if Russia were to cut supplies

Gas consumption in India increases by an average of 7 per cent a year, estimates IEA

The Indian Gas Exchange, which opened for business last year, is waiting for regulatory reforms to achieve its mandate of expanding access to the fuel

Domestic gas prices are much lower than LNG rates as they are controlled by the government