Lng

Shell may sell Russian LNG plant stake to Indian consortium: Report

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

South Korea to divert gas supplies to Europe over Russia-Ukraine conflict

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

With EV foray, Atul Auto eyes L5 battery-run three-wheelers via subsidiary

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 trims India's gas consumption growth to 5% on high prices

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 may look at building 4th LNG import terminal to meet energy demand

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

Global LNG body urges govts to support fuel buyers amid Ukraine crisis

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 to set up LNG stations, bullish on gas market in India

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.

Energy geopolitics and LNG

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

India's GAIL continues to pay for Russian LNG imports in US dollar

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

US, European Union strike LNG deal to undercut Russian energy

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.

Russia-Ukraine crisis: A lack of gas storage infra may come to haunt India

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

Explained: Why Japan's power sector depends so much on LNG

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 to remain unaffected by Russia-Ukraine conflict, say experts

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 to invest Rs 40,000 cr, including in overseas LNG plants

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

Ukraine crisis: Taiwan says US has not approached it on LNG diversion

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

Japan will consider ways to help LNG market if supplies disrupted

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

High LNG prices may impact India's climate goals, gas distribution targets

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

IGX awaits regulatory reforms to meet mandate of expanding fuel access

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

Surging prices threaten to scupper India's coming-of-age gas party

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