State-run Indraprastha Gas Ltd (IGL) has slashed the prices of compressed natural gas (CNG) and piped natural gas (PNG) in the national capital and adjoining cities. The price of CNG for automobiles has been reduced by Rs 1.90 per kg in Delhi and by Rs 2.15 per kg each in Noida, Greater Noida and Ghaziabad, IGL said in a statement. PNG rates have b...
Symbol: NATURALGAS| Contract: Oct, 2019| Category: Energy
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Sources told Reuters on Friday that Petronet would sign a memorandum of understanding with Tellurian to invest $2.5 billion for rights of up to 5 million tonnes a year of LNG over the lifespan of the Driftwood project.
The 10 synthetic gasifiers that make up the project are now finally commissioned. But the imported LNG they're meant to displace has fallen from about $15 per million British thermal units in 2012 to less than $5.
Natural gas output was 1.6 per cent lower at 2.64 billion cubic metres during the same period, the data showed
Companies that work with ONGC will be free to market and sell their share of oil and gas output as they like for up to 20 years, ONGC said.
MRPL, a subsidiary of the country's top explore Oil and Natural Gas Corp, operates a 300,000 bpd refinery in southern India.
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