Page 2 - Coal Gas
ONGC seeks premium over govt price for coal seam gas in Jharkhand
State-owned Oil and Natural Gas Corporation (ONGC) is seeking a premium over the government gas price for the gas it plans to produce from coal seams in Jharkhand. ONGC has sought bids from users for sale of 0.05 million standard cubic metres per day of gas from the North Karanpura coal-bed methane (CBM) block for three years. Users have been asked to quote a premium they are willing to pay over and above the monthly domestic natural gas price that the Oil Ministry's Petroleum Planning and Analysis Cell (PPAC) notifies, the tender document showed. PPAC every month declares a price for the majority of domestically produced natural gas. This price is 10 per cent of the monthly average of the basket of crude oil that India imports. For the month of January, this price comes to USD 7.82 per million British thermal unit. This price in the ONGc tender has been marked as reserve gas price. While the government sets price for two-thirds of the gas produced in the country, CBM gas enjoys .
 "ONGC seeks premium over govt price for coal seam gas in Jharkhand")
China's appetite for commodities is wavering after years of growth
Energy imports in particular plunged in June, capping a weak first half that may foreshadow a rare annual decline in purchases across many commodities
 "China's appetite for commodities is wavering after years of growth")
ONGC seeks minimum $17 price for coal gas from Bokaro block in Jharkhand
ONGC invited bids for the sale of 0.20 million standard cubic metres per day of gas it plans to produce from the Bokaro CBM block by the year-end
 "ONGC seeks minimum $17 price for coal gas from Bokaro block in Jharkhand")
Coal gas can help lower import bill by $10 billion in 5 years: Coal Secy
Govt is planning to come up with a series of pilot projects in areas like coal gasification
 "Coal gas can help lower import bill by $10 billion in 5 years: Coal Secy")