LNG

Industry body seeks lower customs duties on petroleum coke used in aluminium production and continuation of the existing steel scrap duty framework beyond March 2028

A consortium of American companies, backed by US President Donald Trump's administration, is seeking up to USD 4.4 billion in investment for an integrated liquefied natural gas (LNG) project in Pakistan, according to a media report on Monday. The proposed project will cover imports, storage, regasification, gas transmission and sales to large consumers on a merchant basis, the Dawn newspaper reported. LNG is natural gas that has been cooled to around minus 162 degrees Celsius, turning it into a liquid and reducing its volume by about 600 times. This makes it easier to store and transport by specialised ships. At its destination, the LNG is converted back into gas through a process called regasification and supplied to consumers. It is used to generate electricity, fuel industrial processes, produce fertilisers and provide energy for heating and cooking. It is also used as a fuel in some vehicles and ships. Pakistan currently has no LNG storage facilities, leaving its supplies of ..

Former executives allege that Russia's Novatek financed and influenced the Alaska gas export venture without US approval, raising sanctions concerns amid Washington's efforts to expand energy exports

Oil and gas regulator PNGRB has approved a proposal by the Indian Gas Exchange (IGX) to introduce a platform for listing and booking unutilised liquefied natural gas (LNG) regasification capacity, in a move aimed at improving infrastructure utilisation and widening access to the country's gas market. The Petroleum and Natural Gas Regulatory Board (PNGRB) said the voluntary platform would allow LNG terminal operators and capacity holders to list unused capacity, enabling prospective users to identify and book available slots according to their requirements. The initiative comes as several LNG terminals report low capacity utilisation, leaving scope to attract additional cargoes by offering unused regasification capacity at competitive charges. Regasification is the process of converting LNG, transported in liquid form, back into gas for supply through pipelines. The platform is expected to improve price discovery for regasification services by providing a transparent mechanism throug

Analysts remain positive on Petronet LNG, citing Kochi growth, new revenue streams and project execution despite high spot LNG prices and geopolitical risks ahead.

India's first LNG-diesel dual-fuel train aims to cut diesel use, while its hydrogen counterpart, launched earlier, uses fuel cells to generate electricity

Shah inaugurated railway projects worth ₹1,472 crore and flagged off India's first LNG-powered train from Sabarmati Railway Station in Ahmedabad

The conflict has prevented Qatar and the United Arab Emirates from exporting most of their LNG via the Strait of Hormuz

Chevron plans to expand its global gas portfolio across Argentina, the East Mediterranean, Australia and Africa

The loss of Qatari LNG supplies through the Strait of Hormuz has sharply raised costs for Asian emerging markets

QatarEnergy has extended force majeure until August and is yet to give Petronet LNG a definite plan for September supplies; 56 contracted cargoes have been affected

ONGC said its collaboration with Shell will focus on two key areas: upstream oil and gas, and LNG

Welspun Corp announced receipt of fresh large orders worth ₹1,400 crore for supply of pipes for oil & gas export projects, from its India facility.

India has secured crude oil and LPG supplies for the near term, limiting the immediate impact of the renewed Strait of Hormuz closure, though prices are expected to rise

Senior industry officials say that New Delhi is ignoring a cleaner burning fuel, which offered more supply security during the war compared to crude oil and LPG

The government has withdrawn most provisions of the emergency natural gas supply regulation order imposed during the West Asia conflict after liquefied natural gas (LNG) shipments through the Strait of Hormuz resumed following a ceasefire. In a notification issued on Saturday, the Ministry of Petroleum and Natural Gas amended the Natural Gas (Supply Regulation) Order, 2026, omitting key operational provisions, which led to all domestically produced natural gas and imported LNG to be sold as per a new priority customer list drawn by the government. The original order, issued on March 9 under the Essential Commodities Act, was brought in after the conflict in West Asia disrupted LNG shipments through the Strait of Hormuz, with suppliers invoking force majeure and diverting cargoes to priority consumers. The ministry said the situation has since improved, with a ceasefire in place, negotiations underway and maritime traffic through the Strait of Hormuz resuming. The gas supply curbs w

The energy major expects demand to approach 700 million tonnes annually, supported by Asia's transition away from coal and rising electricity needs from data centres

Qatar halted output early in the conflict between the US and Iran after attacks on its vast liquefaction facilities and the closure of the strait, which blocked its route to international markets

Oil tankers continued transiting Hormuz via Oman's coast despite Iran claiming the strait was shut, underscoring conflicting US-Iran narratives

Qatar plans to restore most of its LNG export capacity within two months of Hormuz reopening, easing pressure on global gas markets