liquefied natural gas (lng)

New Delhi, April 7 GAIL (India) Ltd has signed a long-term charter agreement with Greece-based Alpha Gas for the liquefied natural gas (LNG) carrier, Energy Fidelity, the state-run firm said on Tuesday.The agreement was executed with Pantheon Maritime Services, a Singapore-based affiliate of...

New Delhi, April 6 Two more Indian-flagged LPG tankers have safely crossed the war-affected Strait of Hormuz and are headed for Indian ports, even as 16 other vessels remain stranded in the Persian Gulf, officials said Monday.The LPG vessel Green Sanvi, carrying 46,650 tonnes of LPG, is...

New Delhi, March 30 The escalating conflict in West Asia has led to a sharp 60 per cent surge in the prices of natural gas, a key feedstock for fertilizer plants, which is expected to increase the government's subsidy burden.With the conflict disrupting energy supply lines, the supply of...

Bhubaneswar, March 26 – Chief Minister Mohan Charan Majhi on Thursday directed all state government officials to take strict action against unscrupulous traders who are artificially creating shortages of cooking gas and essential commodities in Odisha by taking undue advantage of the situation...

New Delhi, March 25 In a significant move aimed at bolstering energy security and reducing dependence on imported fuels, the Central government has issued a new order to streamline the laying of pipelines for natural gas and petroleum products.The order, titled the Natural Gas and Petroleum...

Washington, March 17 – The United States has secured energy agreements worth $57 billion with Indo-Pacific partners, according to Interior Secretary Doug Burgum, noting that this is part of a broader effort to strengthen allies' energy security.The deals were finalized during the first...

New Delhi, March 12 India is in contact with Iran to ensure safe passage for around 28 Indian-flagged merchant vessels through the strategic shipping route of the Strait of Hormuz, which has been partially blocked by Tehran following its escalating conflict with the US and Israel, according to...

New Delhi, March 9 India could face an additional foreign currency outflow of USD 7-8 billion per month due to the surge in international energy prices, following the conflict in West Asia, raising concerns over inflation and the current account deficit, analysts said.While crude oil prices...

Bangladesh has ordered all public and private universities to close starting Monday, bringing forward the Eid al-Fitr holidays as part of emergency measures to conserve electricity and fuel in the face of a worsening energy crisis. The directive was issued by the Ministry of Education to the...

New Delhi, March 7 The price of domestic cooking gas, LPG, was hiked by a steep Rs 60 per cylinder on Saturday, the second increase in price in less than a year, as oil companies pass on a part of the spike in global energy rates that followed the West Asia crisis.Non-subsidized LPG – the one...

Washington, March 7 – The United States has unveiled a $20 billion maritime reinsurance plan aimed at protecting shipping and stabilizing trade through the Gulf region amid tensions linked to the conflict with Iran.The initiative was announced by the US International Development Finance...

Dhaka, April 5 On Thursday, Bangladesh urged citizens to minimize "unnecessary travel" as panic buying hit fuel stations in Dhaka amid concerns over a potential fuel shortage due to the ongoing conflict in West Asia.The energy ministry issued emergency directives for energy conservation as...

New Delhi, March 5 India is seeking assistance from the United States to secure maritime insurance for vessels transporting oil from the Middle East, as it looks for continuity in energy supplies beyond its current reserves.The country has stocks in tanks, pipelines, and ships in transit to...

New Delhi, March 5 Prolonged disruptions to shipping through the Strait of Hormuz beyond a week could quickly affect energy markets, fertiliser supplies, industrial inputs, construction materials, and export sectors such as diamonds, according to a think tank, GTRI.The Strait of Hormuz is a...

New Delhi, March 4 Qatar has halted liquefied natural gas (LNG) production following attacks on its facilities amid the ongoing West Asia conflict, disrupting supplies to India and creating a shortage of feedstock for key domestic sectors.India, which relies on long-term LNG contracts with...

New Delhi, March 4 Shares of gas importer Petronet LNG Ltd plunged by over 9 per cent on Wednesday as Qatar halted liquefied natural gas (LNG) production after its facilities came under attack amid the ongoing West Asia conflict, disrupting supplies to India and squeezing feedstock availability...

New Delhi, March 4 Qatar has halted liquefied natural gas (LNG) production following attacks on its facilities amid the ongoing West Asia conflict, disrupting supplies to India and impacting feedstock availability for key domestic sectors.India, which relies on long-term LNG contracts with...

New Delhi, March 4 Shares of gas importer Petronet LNG Ltd plunged by nearly 12 per cent on Wednesday amid reports that Qatar, India's largest supplier of imported natural gas, has declared force majeure on deliveries following a halt in production in the wake of an Iranian drone strike.The...

New Delhi, March 2 (PT) Asian countries are the most vulnerable to disruptions in oil and gas supply through the Strait of Hormuz, with Japan facing the highest risk, followed by South Korea and India, according to international research group Zero Carbon Analytics.The Strait of Hormuz lies...