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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

Unified tariff structure for gas pipelines to start from April 1

Industrial customers transporting fuel over larger distances to now pay less

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

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

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

GAIL plans to buy up to 26% equity stake in LNG projects in United States

GAIL had run into supply disruptions last year after Russia-owned Gazprom Marketing and Trading (GMTS) failed to deliver some LNG cargoes

Adani Total expects to receive 2.2 MT of LNG in FY24 at Dhamra terminal

India's LNG imports fell for the second straight year in 2022, mainly due to fewer imports by utilities as the country ramped up coal-fired power production at the expense of natural gas

Adani Total expects to get 2.2 mn tonnes at Dhamra LNG terminal in FY24

Adani Total Private Ltd expects to receive 2.2 mn tonnes of LNG at its terminal at Dhamra on India's eastern coast during the year ending March 2024, the company's chief executive said

Petronet seeks additional LNG of 0.75 to 1 mn tonnes from Qatar, says CEO

India's top gas importer Petronet LNG is seeking additional Liquified Natural Gas (LNG) of 0.75 to one million tonnes per annum (mtpa) from Qatar, the company's Chief Executive A.K. Singh said

Novatek in talks with Indian firms on LNG, may consider payment in rupees

Russia supplied Europe with some 17 million tonnes of LNG last year, up about 20% from 2021 volumes, Refinitiv Eikon data showed on Tuesday

Russian gas supply hit pushes GAIL Ltd to scout for long-term LNG

ndia's largest gas distributor reported a 93% decline in its December quarter net profit as it transmitted less gas locally due to a reduction in liquefied natural gas (LNG) supply from a deal

Budget 2023-24 wishlist: Here are the key challenges in oil & gas sector

Emergence of renewable fuels causing displacement of petroleum fuels' demand

The gas paradox: Govt encouraging huge investment to push demand

But imposing policies that deter domestic exploration and production

Gas pricing up in the air: 2023 to see new trading products from exchanges

New trading products could be the start of India's attempt to create a domestic price benchmark and derivatives contract market, and the tapering of the administered price regime

First tanker vessel with shipment of LNG from US arrives in Germany

The first regular shipment of liquefied natural gas from the United States arrived in Germany on Tuesday, part of a wide-reaching effort to help the country replace energy supplies it previously received from Russia. The tanker vessel Maria Energy arrived at the North Sea port of Wilhelmshaven, where its shipment of LNG will be converted back into gas at a special floating terminal that was inaugurated last month by German Chancellor Olaf Scholz. Germany has rushed to find a replacement for Russian gas supplies following Russia's invasion of Ukraine. The facility in Wilhelmshaven is one of several such terminals being put in place to help avert an energy supply shortage. Germany has also temporarily reactivated old oil- and coal-fired power stations and extended the life of its last three nuclear power plants until mid-April. Environmental campaigners said they planned to protest the arrival of the Maria Energy, arguing Germany shouldn't be importing fossil fuels, particularly gas

Demand to exploration: Key warning signals for India's gas industry in 2023

Consumers will be in trouble, given rising European demand from India's traditional suppliers, the absence of gas storage facilities and the lack of a clear LNG procurement strategy

JK Lakshmi ties-up with GreenLine Logistics to roll out first LNG fleet

JK Lakshmi Cement has tied up with GreenLine, a pioneer in green and smart logistics in India, for the introduction of LNG-fuelled heavy trucks for transporting cement. "With this association, GreenLine will enable JK Lakshmi Cement to decarbonise its road logistics operations in a phased manner over the next few years," the company said in a statement. Starting with a fleet of 10 LNG trucks plying on the Sirohi in Rajasthan to Surat in Gujarat route, the companies plan to scale this up substantially over the next two years. "Each LNG truck reduces about 35 tons of CO2 emissions per year. With the switch to LNG fuelled logistics, JK Lakshmi Cement aims to reduce its carbon emissions, not only to achieve its environmental goals but also boost its ESG performance," it said. Trucks in India usually use diesel as fuel. Liquefied natural gas (LNG) offers a less polluting alternative on long-haul routes. Speaking on the occasion, Arun Shukla, President & Director, JK Lakshmi Cement Ltd,

Top Headlines: PM Modi cautions against Covid, GAIL's LNG hunt, and more

Business Standard brings you the top headlines at this hour

Russia's Gazprom turns off tap, GAIL's hunt for LNG may continue for a year

Its petrochem plant in UP running at 40% utilisation

Qatar to supply liquefied natural gas to Germany from 2026 under 15-yr deal

Qatar is to supply liquefied natural gas to Germany under a 15-year deal signed on Tuesday as the European economic powerhouse scrambles to replace Russian gas supplies that have been cut during the ongoing war in Ukraine. Officials gave no dollar value for the deal, which would begin in 2026. Under the agreement, Qatar would send up to 2 million tons of the gas to Germany through an under-construction terminal at Brunsbuettel. The deal involves both Qatar Energy, the nation's state-run firm, and ConocoPhillips, which has stakes in Qatar's offshore natural gas field in the Persian Gulf that it shares with Iran. As European countries have supported Ukraine after Russia's invasion in February, Moscow has slashed supplies of natural gas used to heat homes, generate electricity and power industry. That has created an energy crisis that is fuelling inflation and increasing pressure on companies as prices have risen. Germany, which got more than half its gas from Russia before the war, .