liquefied natural gas

Washington, April 9 – A global oil shock linked to the Middle East conflict is set to hit growth and fuel inflation across energy-importing economies, the International Monetary Fund (IMF) Managing Director Kristalina Georgieva warned on Thursday.In her opening speech ahead of the IMF's Annual...

New Delhi, April 9 Oil Minister Hardeep Singh Puri will undertake a two-day visit to Qatar, India's largest supplier of liquefied natural gas (LNG) and cooking gas LPG, which had halted supplies following the outbreak of the conflict in the Middle East.The visit, scheduled for April 9-10...

New Delhi, April 1 Silver prices ended a three-day winning streak and fell by Rs 1,854 to Rs 2.39 lakh per kilogram in futures trading on Wednesday, tracking weak global trends amid geopolitical tensions in the ongoing conflict in West Asia.On the Multi Commodity Exchange, the white metal for...

March 31, New Delhi – The Iranian parliamentary commission has approved plans to impose tolls on vessels transiting the Strait of Hormuz.According to state media, the proposal includes financial arrangements in local currency, cooperation with Oman, and also includes the "prohibition of...

New Delhi, March 27 – Union Minister Pralhad Joshi on Friday described the opposition's behavior in Parliament as "most unfortunate," accusing the Congress and other parties of acting irresponsibly at a time when the world is grappling with economic challenges, particularly rising crude oil...

Paris, March 27 The West Asia crisis and its consequences were a key topic during a conversation between External Affairs Minister S Jaishankar and his Canadian counterpart Anita Anand on the sidelines of a G7 meeting in France.Jaishankar arrived here on Thursday for the G7 Foreign Ministers’...

Washington, March 19 – The United States has announced support of up to $10 billion for a major iron ore project that will deepen strategic ties with India, as part of a broader $30 billion Indo-Pacific financing push aimed at strengthening supply chains and industrial capacity.The funding...

Washington, March 19 – US President Donald Trump said that the United States “knew nothing” about Israel’s strike on Iran’s South Pars gas field and warned Tehran of massive retaliation if it “unwisely” targets Qatar again, after Iran struck a portion of Qatar’s LNG facility following the...

New Delhi, March 16 The government on Monday dismissed reports that Tehran is seeking the release of three oil tankers seized by India in exchange for ensuring safe passage for Indian-flagged vessels through the Strait of Hormuz.Top sources in the government said the report was baseless...

New Delhi, March 16 India said on Monday that it had not engaged in bilateral talks with the US to ensure the safe transit of merchant vessels through the Strait of Hormuz.The remarks by the Ministry of External Affairs came against the backdrop of US President Donald Trump calling on several...

New Delhi, March 13 India's city gas distribution (CGD) industry could see its daily sales volumes decline by 8-10 per cent in the near term as the ongoing conflict in West Asia disrupts natural gas supplies, according to a report by Crisil Ratings.The disruption has primarily affected imports...

Gandhinagar, March 11 – The Gujarat government has formed a high-level committee to secure liquefied natural gas (LNG) supplies in response to disruptions in global energy markets caused by conflicts in West Asia, spokesperson Minister Jitu Vaghani announced on Wednesday.The committee, headed...

Gandhinagar, March 11 Amid disruptions caused by a military conflict in West Asia, the Gujarat Government has formed a committee to coordinate with the Centre to ensure adequate supplies of Liquefied Natural Gas (LNG), ensuring that household gas availability is not affected.State minister...

New Delhi, March 11 – Two shipments of liquefied natural gas (LNG) are arriving in India to bolster supplies for domestic consumers, as public sector oil and gas companies have increased imports from outside the Middle East amid the Iran conflict, a senior official from the central government...

New Delhi, March 9 – India currently has a total storage capacity for crude oil and petroleum products of 74 days, which can help mitigate disruptions in case of adverse situations such as geopolitical conflicts, the Parliament was informed on Monday."The government has established Strategic...

Dhaka, March 9 – The Bangladeshi government has ordered the closure of universities across the country to conserve electricity and fuel, as the escalating conflict in the Middle East intensifies the global energy crisis, local media reported on Monday.According to a directive issued by the...

Kolkata, March 8 Syama Prasad Mookerjee Port, Kolkata (SMPK), announced on Sunday that East Horizon Pvt Limited will establish a Floating Storage and Regasification Unit (FSRU) at the Haldia Dock Complex.The port and the private firm signed a licensing agreement on Friday for the project...

Doha, March 4 – Qatar's Prime Minister and Minister of Foreign Affairs, Sheikh Mohammed bin Abdulrahman bin Jassim Al-Thani, firmly rejected Iran's claim that recent missile attacks were not directed at Qatar, stating that evidence on the ground indicates otherwise.The rebuttal was delivered...

New Delhi, March 2 The escalating hostilities in the Middle East are increasing the risks for India and other Asian commodity importers, as military strikes and retaliatory attacks disrupt key energy and trade routes, Moody's Analytics said on Monday.The United States and Israel launched...

Kochi, February 19 Cochin Shipyard Limited (CSL) has signed a major contract with French shipping giant CMA CGM for the construction of LNG dual-fuel vessels, a move expected to boost India's global shipbuilding capabilities and align with the transition towards green maritime practices...