Natural Gas

Tyler, who was previously chair of Cairn Energy Plc, currently holds that position at Grafton Group Plc and is also senior independent director of Anglo American Plc

Ladakh Lieutenant Governor Vinai Kumar Saxena on Thursday announced a significant reduction in value-added tax (VAT) on natural gas, including CNG and PNG, from 21 per cent to 5 per cent to promote affordable clean energy and improve ease of living for people in the Union Territory. Saxena said the move would give a major boost to the Centre's larger plan to roll out the city gas distribution (CGD) network to provide affordable piped gas to households across Ladakh. "Glad to share that the UT of Ladakh has significantly reduced VAT on Natural Gas (CNG & PNG) from 21 per cent to just 5 per cent, a major step towards promoting affordable clean energy and improving the ease of living for the people of Ladakh," LG said on X. The VAT reduction would also help offset the high cost of transporting energy due to Ladakh's difficult terrain and extreme climatic conditions, besides encouraging consumers to adopt cleaner fuels, he said. "This brings Ladakh at par with states like Gujarat, ...

Oil sector regulator has authorised the development of nearly 1,800 km of new LPG pipelines at an estimated investment of Rs 7,000 crore, expanding the country's common-carrier LPG pipeline network by almost a quarter as it seeks to make fuel supplies more resilient and reduce dependence on road transport. The Petroleum and Natural Gas Regulatory Board (PNGRB) has approved three strategically important LPG pipeline projects across Telangana, Maharashtra, Uttar Pradesh, Uttarakhand, Karnataka and Goa, the regulator said in a statement. The projects, to be developed by state-run GAIL (India) Ltd, will take the PNGRB-authorised common-carrier LPG pipeline network from about 7,700 km to nearly 9,500 km, an increase of around 23.5 per cent. The expansion comes as India relies heavily on imported LPG, with bulk supplies arriving at coastal import terminals and then being transported to consumption centres across the country. A larger pipeline network is expected to improve the efficiency

Eligible CGD companies will receive an additional 200 SCM of lower-priced domestic APM gas for every incremental billed PNG connection above the specified threshold

European consumers can expect natural gas from an undersea deposit off Cyprus to help meet their energy needs as early as March 2028, the island nation's energy minister said. Michael Damianos said the East Mediterranean is fast becoming an alternative energy source for European nations as Russia's war in Ukraine and upheaval in the Middle East compel the continent to seek out new sources. Damianos said partners TotalEnergies of France and Italy's Eni made a final decision last month to proceed with developing the Cronos natural gas field off Cyprus' southern coast. The project will be the first time gas from east Mediterranean deposits is supplied to European markets. "It's important for Europe at this time because of the war in Ukraine, because of this situation in the Middle East, that Cyprus is going to be an alternative source of gas," Damianos told The Associated Press in an exclusive interview Friday. According to the Eni-TotalEnergies consortium timetable, work on a pipelin

India's long-term natural gas growth will depend not only on expanding LNG import capacity but also on accelerating investment in transmission and distribution infrastructure, gas-intensive industries, and reforms to market design, regulation and pricing, according to a new report of International Gas Union (IGU). While India has significantly expanded regasification terminal capacity, the pace of investment in midstream infrastructure has lagged, limiting the country's ability to increase gas consumption. The report argues that reforms to pricing mechanisms and market access will be essential to support sustained growth in gas demand. "The Strait of Hormuz crisis has underlined several import dependencies for India, particularly in gas supply chains. India's heavy reliance on Gulf-sourced LPGs and LNG, where Qatari exports are the primary source of supply, will bring into question India's historic reliance on close geographical suppliers that have proven to be vulnerable to ...

Coal gasification projects with a combined capacity of 22.6 MTPA are operational or under implementation, with a new Rs 37,500 crore scheme aimed at accelerating capacity addition.

Natural gas production at the KG-D6 fields operated by Reliance Industries Ltd and BP Plc fell nearly 7 per cent year-on-year in the June quarter, as the natural decline that began in mid-2025 continues. In an April-June quarter earnings presentation at analyst call, Reliance said gas output in Q1 averaged 24.8 million standard cubic meters per day, down from 26.6 mmscmd in April-June 2025. The output was lower than 25.2 mmscmd in the preceding January-March quarter. Production from the second-wave of discoveries in the KG-D6 block peaked in January-March 2024 to 30.6 mmscmd but has since been on the decline. Output has since fallen by 19 per cent. Reliance did not immediately provide additional details on production volumes or a timeline for arresting the decline. At the analyst call, a company official said, "In KG-D6, whilst there is a natural decline, it's lower than what we had expected, so we have a plan to offset this natural decline, which I'll talk about shortly." As th

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

Rising LNG costs and supply uncertainties are squeezing CGD margins, even as strong CNG demand helps sustain volume growth across key markets

While lower royalties are expected to improve project viability and attract investment, concerns remain over poor prospectivity data, limited discoveries, and competition from more attractive regions

Oil India Limited has reported a second natural gas presence in its Andaman offshore block, strengthening prospects for future hydrocarbon exploration in the region

Large swathes of India have suffered from blistering heat waves this summer, with sweltering temperatures around-the-clock pushing peak electricity demand to new highs

The government is in the process of finalising a new policy for coal gasification-based urea manufacturing and will be ready within a month, an official said, highlighting that the move will boost self-reliance and save foreign exchange, given the country's heavy dependence on imported natural gas, an official said. Speaking during a roadshow here to promote the government's coal gasification scheme, an official said, "We are in the process of making our new policy for coal gasification-based urea manufacturing and are reaching towards that and within one month we will be ready for that." "Since it is assured government business and we are highly dependent upon natural gases and as 25 per cent is imported from various countries that will be more beneficial for us in terms of self-reliance and foreign exchequer," he said. Coal Secretary Vikram Dev Dutt said the Ministry of Chemicals and Fertilisers has been working on the new urea policy for sometime, which has now been triggered wit

New well gas constituted 17 per cent of production and 21 per cent of revenue in FY26 from ONGC nomination gas portfolio

Not only that, through strategic global tendering outside the Strait of Hormuz, India has successfully secured supplies of around 2.5 million tonnes of urea to meet peak kharif demand

The latest Re 1 per kg hike by IGL took CNG prices to Rs 80.09 per kg in Delhi, even as the company said the rise only marginally offsets higher input costs

Rising import dependence and supply disruptions amid West Asia tensions underscore the urgency for India to build strategic natural gas reserves and strengthen LNG storage capacity

Panel suggests policy and operational reforms to boost PNG connections, streamline LPG transition, and strengthen city gas distribution ecosystem amid energy disruptions

It has pitched for rolling out 60 lakh new PNG connections by June, states mandating PNG in all new buildings and reduction on Value Added Tax on PNG