Page 24 - Natural Gas

Natural gas price may be hiked by 14% soon; CNG, electricity may get costly

As per the new gas pricing formula approved by the NDA-government in October 2014, gas prices are to be revised every six months

Natural gas may play a major role in India-Cyprus bilateral trade

India expects to double share of natural gas in the country's energy mix to more than triple imports to 70 mt per year by 2022

Natural gas will no longer be allocated: Govt to private power producers

No fresh allocation of gas to be made

Govt plans to expand natural gas share to 15% by 2022, LNG imports to soar

Beyond LNG, India is looking to access untapped domestic gas reserves off its east coast

Oil PSUs IOC, HPCL, BPCL betting on natural gas as next big thing

State-owned oil companies - Indian Oil, Bharat Petroleum and Hindustan Petroleum - are planning to raise gas contributions to between 5 and 15 per cent of their incomes over the next few years

Include natural gas under GST to prevent adverse impact on producers: Ficci

A GST based taxation for the natural gas sector would help the domestic gas producers to contain costs

Natural gas production no longer profitable business: ONGC

As the govt-mandated gas price is significantly below the cost of production

Natural gas production no longer profitable business: ONGC

Said producing at the government-mandated gas price is significantly below the cost of production

Natural gas price likely to be hiked by 8%

Prior to the October cut, rates were reduced by 20% to $3.06 from April 1, 2016

Exclusivity in city gas distribution network to affect competition

Monopoly to allow CGD network developer to exploit the customers in absence of serious competition

"Revoke notification on input tax credit withdrawal on gas in Gujarat"

Assocham says cost of RLNG has shot up to 15% for gas distributors based outside Gujarat

India in talks with Russia to swap natural gas with China

So in effect Russia will supply gas to China and in return China will give its share of gas from Myanmar to India

Not a pipe dream: Govt to set up national gas hub

The proposed gas-trading platform will be similar to international hubs such as Henry Hub (US) & National Balancing Point (UK)

India says will not change domestic gas price formula

On September 30, the government reduced the price of natural gas produced in India by 18 percent

Gas price for industrial use cut by 18% to $2.5/mBtu

According to the new gas pricing formula approved by the NDA govt in Oct 2014, gas prices are to be revised every 6 months

Three stocks to ride the green energy wave

With the government's focus on environment-friendly fuel, Indraprastha Gas, Mahanagar Gas and Suzlon's earning prospects look bright

Share of gas in India's fuel basket is set to zoom to 15%

Dharmendra Pradhan launched Gas4India campaign with an aim to promote the use of gas in the country

Shah panel to submit report on ONGC-RIL gas dispute today

Shah panel was set up December 2015 to look into the dispute of gas transportation

Kolkata to have piped natural gas in 3 years: Dharmendra Pradhan

He said that 40 per cent of the cost would be borne by the union government and the rest 60 per cent by state-owned GAIL

More than 31 lakh households connected with piped natural gas: Sitharaman

Efforts are on expanding the City Gas Distribution networks (CGD)