Natural Gas Asia

Wednesday, April 01, 2015

News - India

Displaying 1 - 10 of 924 articles

India Cuts Gas Price by 8%

India on Tuesday reduced the price of domestically produced natural gas by 8 percent to $4.66 per mmBtu. Petroleum Pricing and Analysis Cell (PPAC), pricing wing of India’s oil ministry, said gas will cost $4.66 per mmBtu from April 1 to September 30 on gross clarofic value basis (GCV) as opposed to $5.

India to Cut Price of Domestically Produced Gas

India will most likely cut price of domestically produced natural gas by over 10 percent to $5.02 per unit from April 1, Press Trust of India reported Wednesday. The cut is expected because of decline in gas prices at key international hubs. The government had in October 2014 used a new formula to fix...

Pakistan Expects Work on TAPI Project to Start Later This Year

Work on TAPI gas pipeline project could begin by end of this year, Sartaj Aziz, advisor to Prime Minister on National Security and Foreign Affairs Sartaj said Sunday. A leading financing agency had agreed to provide finance for the project and the issue of pricing will be finalised very soon, Sartaj...

TAPI Pipeline Negotiations at the Final Stage

Negotiation related to TAPI natural gas pipeline is at the final stage, India’s Petroleum Minister Dharmendra Pradhan said in Parliament on Monday. The TAPI pipeline will export up to 33 billion cubic meters of natural gas a year from Turkmenistan to Afghanistan, Pakistan, and India over 30 years.