Lpg Infrastructure
Force majeure lifted at Mozambique LNG project; Indian firms hold 30% stake
A 53-month-long force majeure at Mozambique's giant LNG project, where Indian firms hold a 30 per cent stake, has ended, enabling the start of work at the USD 21 billion project, ONGC Videsh Ltd said on Wednesday. Operator and French energy giant TotalEnergies and its partners lifted the force majeure on the project in Mozambique, which had been in place since mid-2021 due to deteriorating security in the northern Cabo Delgado Province of the African nation. TotalEnergies last week said the LNG deliveries can start by 2029. "Security situation in Cabo Delgado Province (CDP), north of Mozambique, Area 1 Mozambique LNG Project has significantly improved, and Area 1 Mozambique LNG consortium has accordingly notified the Government of Mozambique to end the Force Majeure which was declared on May 11, 2021," OVL said in a statement. "Withdrawal of the force majeure enables construction activities to restart for early completion of the project." ONGC Videsh Ltd, the overseas investment ar
 "Force majeure lifted at Mozambique LNG project; Indian firms hold 30% stake")
LPG customers may get to decide distributor of their choice on refill form
While booking an LPG refill through a mobile app/customer portal using registered login, the customer would be shown the list of delivering distributors along with their performance rating
 "LPG customers may get to decide distributor of their choice on refill form")
India to surpass China as the biggest importer of LPG
LPG shipments to India will reach 2.4 million tonnes in December, pushing it ahead of top importer China, on 2.3 million tonnes, for the first time.
OMCs to invest nearly Rs 30,000 cr in LPG infrastructure in next 3 years
Country to have 95 per cent LPG penetration by 2020
 "OMCs to invest nearly Rs 30,000 cr in LPG infrastructure in next 3 years")
