SINGAPORE (Reuters) - Asia liquefied natural gas (LNG) prices fell for a third straight week, as improved gas supply in Europe reduced the competition for LNG in Asia, though losses were limited by fresh demand from Pakistan and Turkey.
The LNG terminal is located at JSW Jaigarh Port in Ratnagiri district. The port is the first deep water, 24x7 operational private port in Maharashtra
Rising availability and demand for cleaner fuels will aid growth
Even with its numerous pipeline-supply options, Europe's import dependency is rising amid falling domestic production due to aging fields in the North Sea
The company is India's largest LNG importer and is aiming for more long-term deals in the next 10 to 15 years, says it CEO
As a first step towards this, 50 stations were launched on Thursday on the Golden Quadrilateral
The writedown announcement came after Shell cut its forecast for energy prices into 2023 on expectations that sales will only recover slowly after the pandemic
Launched on Monday, the platform - set up by the Indian Energy Exchange - has so far traded 100 mmBtu gas.
With the completion of the tenth round, the CGD network will be available in 228 GAs, comprising 402 districts spread over 27 states and Union Territories
The country's annual LNG imports is expected to rise by 10%-15% this year, said Poorna Rajendran of consultancy firm FGE
It offered cargoes from the Cove Point plant in the United States on a free-on-board basis loading on March 20-22, April 25-27 and May 25-27
The deal will be the largest foreign direct investment in India's city gas distribution
The terminal was mechanically completed in mid-2018 and was inaugurated by Prime Minister Narendra Modi
Street worried over the proposal to restructure the company, profitability of petrochemicals business and placement of high-priced US contracts
Company CEO Prabhat Singh said it was in the final stages of inviting bids to set up Liquefied natural gas (LNG) outlets
Lower prices should benefit all the players in the gas distribution value chain
GAIL is benefiting from lower natural gas price in the domestic market and imports and the recent strength in petrochemical product prices