LNG

USD 2.5 bIllion deal with Tellurian now off the table for Petronet LNG

The Memorandum of Understanding (MoU) had been signed during Prime Minister Narendra Modi’s visit to Houston, Texas, in 2019. 

published on : 10th June 2021

Petronet shelves USD 2.5 bn Tellurian deal, looks for supplies from Qatar

The firm's long-term deal to import 7.5 million tonnes per annum of liquefied natural gas from Qatar ends in March 2028, and the company has time till December 2023, to decide on extending it.

published on : 9th June 2021

French energy giant signs deal to supply LNG to ArcelorMittal's plants in Gujarat

AMNS India is a joint venture between ArcelorMittal (60 per cent) and Nippon Steel (40 per cent) that acquired Essar Steel in bankruptcy proceedings in 2019.

published on : 20th May 2021

Pakistan to buy 3 million tonnes of LNG annually from Qatar

The agreement was signed between representatives of the two countries here on Friday, in the presence of Prime Minister Imran Khan, according to Special Assistant on Petroleum Nadeem Babar.

published on : 26th February 2021

NTPC inks pact to buy GAIL's 25.1 per cent stake in Ratnagiri Gas and Power

While the company had announced acquiring 37.47 per cent stake in RGPPL from its lenders, initially, NTPC and GAIL had 25.51 per cent stake each in the Dabhol project.

published on : 23rd February 2021

Petronet LNG sees profit spike 30% on resurgent demand 

However, the rising general demand for energy has helped the company in the December quarter.  

published on : 13th February 2021

New MD-CEO Akshay Kumar Singh takes charge at Petronet LNG 

He had also served as an Executive Director in the GAIL India Limited in Projects division.

published on : 3rd February 2021

India starts importing LNG from US for the first time

The shipment is being sent under a twenty-year agreement between Indian gas utility major GAIL India and US-based Cheniere Energy’s Sabine Pass liquefaction facility in Louisiana.

published on : 7th March 2018

Oil Minister Dharmendra Pradhan lays foundation stones of two LNG pipelines in Odisha

Gas will be imported from countries like Australia, Qatar in cape size vessels and will be supplied to Allahabad of Uttar Pradesh through over 2500 km long pipeline, the minister said.

published on : 17th December 2017

Interim Pakistan PM candidate Shahid Abbasi faces Rs 220 billion corruption inquiry

The country’s interim Prime Ministerial candidate Shahid Khaqan Abbasi is facing an inquiry by the National Accountability Bureau over an illegal contract to import Liquefied Natural Gas.

published on : 31st July 2017