Natural Gas Asia

Wednesday, October 01, 2014

News - India

Displaying 1 - 10 of 853 articles

ONGC No Longer Interested in Yamal LNG Stake

Indian state-owned Oil and Natural Gas Corp (ONGC) is no longer keen to acquire a stake in Novatek's $20 billion Yamal LNG project, according to news agency Press Trust of India. ONGC Videsh, the overseas arm of ONGC, Petronet LNG and Indian Oil Corp were last year negotiating with the Russian company...

India Again Postpones Decision on Gas Price Hike

Indian government on Wednesday postponed a decision to revise natural gas prices by another 45 days to 15 November. The Modi led government had put off implementation of the previous regime approved Rangarajan formula, which would have at least doubled rates to $8.4 per million British thermal unit...

BPCL to Strengthen its LNG Portfolio

Indian state owned energy company BPCL plans to plans to strengthen its LNG portfolio by tying up additional long-term gas import contracts, according to DNA India newspaper. In addition to signing more long term contracts, BPCL also intends to acquire new LNG terminals and lay pipelines to enable smooth...