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Page 11 - Lng

ADNOC Gas agrees $7bn-$9 bn 14-year LNG agreement with IOCL: Statement

ADNOC raised about $2.5 billion in March through a sale of roughly 5% of its gas business in an IPO

ADNOC Gas agrees $7bn-$9 bn 14-year LNG agreement with IOCL: Statement
Updated On : 19 Jul 2023 | 6:51 AM IST

Indian Oil signs long term LNG import deals with ADNOC LNG, TotalEnergies

TotalEnergies would supply 0.8 million tpy LNG to IOC under the 10 year deal, it said. TotalEnergies would supply LNG to IOC from its global portfolio

Indian Oil signs long term LNG import deals with ADNOC LNG, TotalEnergies
Updated On : 17 Jul 2023 | 4:06 PM IST

Results preview: OMCs to ride the low crude oil gravy train in Q1

City gas firms will see profits rise due to capped domestic prices, say analysts

Results preview: OMCs to ride the low crude oil gravy train in Q1
Updated On : 13 Jul 2023 | 10:11 PM IST

Buffett's Berkshire Hathaway takes control of LNG plant with $3.3 bn deal

Berkshire Hathaway Inc. first took a stake in the one-train export plant with an annual export capacity of 5.25 million tons in 2020.

Buffett's Berkshire Hathaway takes control of LNG plant with $3.3 bn deal
Updated On : 11 Jul 2023 | 7:43 AM IST

Hard to imagine gas-led economy based only on domestic supply: PNGRB Chief

The regulator for the downstream energy sector has pitched an imported gas-based regime

Hard to imagine gas-led economy based only on domestic supply: PNGRB Chief
Updated On : 10 Jul 2023 | 3:09 PM IST

HPCL recieves bids to lease part of Chhara LNG terminal on west coast

HPCL aims to commission the terminal, with a planned capacity of 5 million metric tons per year (tpy) in the December quarter, K Sreenivasa Rao told reporters at an event

HPCL recieves bids to lease part of Chhara LNG terminal on west coast
Updated On : 10 Jul 2023 | 2:59 PM IST

Top headlines: GST council meet on July 11, India Inc Q1 profit may rise

Business Standard brings you the top headlines at this hour

Top headlines: GST council meet on July 11, India Inc Q1 profit may rise
Updated On : 10 Jul 2023 | 9:06 AM IST

No company responded to crisis-hit Pakistan's offer to buy LNG cargo

Pakistan has failed to secure LNG from the spot market in its first attempt in about a year, as no supplier seems to budge to the cash-strapped nation's offer, as per Bloomberg, The News reported

No company responded to crisis-hit Pakistan's offer to buy LNG cargo
Updated On : 20 Jun 2023 | 9:08 PM IST

India's LNG buyers set for deal-making rush in win for Modi's gas push

That should help reduce their exposure to the volatile spot market - where prices surged to a record last year and made the fuel too costly for many buyers

India's LNG buyers set for deal-making rush in win for Modi's gas push
Updated On : 17 May 2023 | 11:18 AM IST

ADNOC Gas signs three-year LNG supply agreement with TotalEnergies

Under the terms of the agreement, through its subsidiary, ADNOC Gas will supply TotalEnergies LNG, which will be delivered to various export markets around the world

ADNOC Gas signs three-year LNG supply agreement with TotalEnergies
Updated On : 02 May 2023 | 10:45 AM IST

Adani-Total's Dhamra LNG terminal to start commercial operations at May-end

Adani Group and French company TotalEnergies' newly built Rs 6,000 crore facility to import LNG at Dhamra on the Odisha coast will start commercial operations at the end of May, the French firm said on Monday. The 5 million tonne a year capacity terminal received its first ever shipment of liquefied natural gas - a fuel that will be used to make steel, produce fertilizers and turned into CNG and cooking gas - on April 1. Qatari ship 'Milaha Ras Laffan' docked at Dhamra port on April 1 morning, bringing in 2.6 trillion British thermal units of natural gas in its frozen form (LNG) which will be used to commission the facility. "This delivery enables the gradual commissioning of the terminal, which is expected to start commercial operations at the end of May 2023," TotalEnergies said in a press statement. Karan Adani, CEO of Adani Ports and Special Economic Zone (APSEZ) - the firm that operates the Dhamra port and has leased the LNG jetty to Adani Total Private Ltd - had previously ..

Adani-Total's Dhamra LNG terminal to start commercial operations at May-end
Updated On : 17 Apr 2023 | 8:13 PM IST

UltraTech uses LNG trucks to transport cement as part of ESG initiative

UltraTech is making strides in its commitment to sustainability and decarbonisation of its operations with this second deployment of GreenLine's LNG-powered fleet of trucks

UltraTech uses LNG trucks to transport cement as part of ESG initiative
Updated On : 08 Apr 2023 | 11:47 AM IST

Adani's Dhamra LNG terminal receives 1st cargo, to start gas revolution

Adani Group and French company TotalEnergies' newly built Rs 6,000 crore LNG import facility at Dhamra on the Odisha coast has received its first ever shipment of liquefied natural gas - a fuel that will be used to make steel, produce fertilizers and turned into CNG and cooking gas, helping change the landscape of Eastern India. Qatari ship 'Milaha Ras Laffan' docked at Dhamra Port on April 1 morning, bringing in 2.6 trillion British thermal units of natural gas in its frozen form (LNG) which will be used to commission the facility, officials said. Commissioning and testing operations will take up to 45 days and commercial operations are expected to start thereafter. The start of the 5 million tonne per annum LNG import terminal is crucial to Prime Minister Narendra Modi's plan to boost natural gas use in the country's energy mix to 15 per cent by 2030 from current 6.3 per cent. Dhamra is the only LNG import terminal in eastern India and only second on the entire east coast. The ..

Adani's Dhamra LNG terminal receives 1st cargo, to start gas revolution
Updated On : 02 Apr 2023 | 3:16 PM IST

India mulls building LNG reserve to avoid future price hike or shortages

The government has proposed we should have more storage space for LNG so that when prices are lower we should store, and supply when there is crisis

India mulls building LNG reserve to avoid future price hike or shortages
Updated On : 27 Mar 2023 | 12:21 PM IST

Pricing pressure

Gas pricing needs a long-term perspective

Pricing pressure
Updated On : 19 Mar 2023 | 9:51 PM IST

GAIL signs agreement with Shell Energy India on ethane sourcing

It is primarily used as petrochemical feedstock and is separated from the other components of natural gas in most well-developed gas fields

GAIL signs agreement with Shell Energy India on ethane sourcing
Updated On : 17 Mar 2023 | 11:27 PM IST

Unified tariff structure for gas pipelines to start from April 1

Industrial customers transporting fuel over larger distances to now pay less

Unified tariff structure for gas pipelines to start from April 1
Updated On : 14 Mar 2023 | 8:36 PM IST

GreenLine Logistics deploys LNG trucks at Dalmia Cement's Maharashtra plan

Essar Group firm GreenLine Logistics on Friday said it has deployed Dalmia Cement (Bharat) Ltd's first fleet of LNG trucks at its Chandrapur plant in Maharashtra. These trucks will be deployed at Dalmia Cement's plants in Maharashtra and Tamil Nadu in a phased manner. Under its green logistics strategy for the decarbonisation of its transportation fleet, Dalmia Cement plans to transition 300 trucks to LNG by end of FY24, according to a statement. Dalmia Cement, a leading Indian cement manufacturer and a subsidiary of Dalmia Bharat Ltd, has tied up with GreenLine Logistics for this significant initiative towards building a 'green' supply chain, with an initial order of 35 LNG trucks. Anand Mimani, CEO of GreenLine, said, "We are proud to be the chosen partner of Dalmia Cement in their journey to decarbonise their heavy trucking and will be investing Rs 250 crore to enable transition of 10 per cent of their fleet to LNG by March 2024." According to a Dalmia Cement spokesperson, the

GreenLine Logistics deploys LNG trucks at Dalmia Cement's Maharashtra plan
Updated On : 24 Feb 2023 | 9:15 PM IST

Adani Total to start operations at LNG terminal in Dhamra by mid-June

Adani Total Private Ltd will receive its first LNG cargo at the Dhamra terminal on India's east coast in April and expects to start commercial operations 30 to 45 days after receiving the shipment

Adani Total to start operations at LNG terminal in Dhamra by mid-June
Updated On : 24 Feb 2023 | 11:29 AM IST

First by an Indian PSU: GAIL scouting for 26% stake in US-based LNG project

Is open to either an existing plant or one scheduled to be commissioned by 2026-27; also wants to source one mtpa of gas the LNG liquefaction plant/project on FOB basis for 15 years

First by an Indian PSU: GAIL scouting for 26% stake in US-based LNG project
Updated On : 17 Feb 2023 | 11:48 PM IST