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Total 136 results found. Search for [ LNG imports ]

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New Delhi, August 2, 2014
The Ministry feels that some elements of the Rangarajan formula, which was notified by the previous UPA government in January but put on hold till September-end, have no relevance to pricing in India and should be removed, sources privy to the development said.

Anilesh S. Mahajan
June 30, 2014
Canadian Natural Resources Minister Greg Rickford spoke to Anilesh S. Mahajan on how he visualizes relations with Indian companies and the new establishment. Edited excerpts:

Mail Today Bureau
New Delhi, June 28, 2014
Power and coal minister Piyush Goyal said that there are anomalies in the United Progressive Alliance's ( UPA) formula for fixing natural gas prices which need to be set right before arriving at a fair rate for the fuel, which is also used as an input for making urea.

New Delhi, June 27, 2014
The Rangarajan formula calls for pricing at an average cost of importing LNG into India and rates prevailing at international hubs in the US and UK as well as the price of gas imported into Japan. In Goyal's opinion, gas prices in India cannot be fixed based on a formula that includes Japanese imports.

New Delhi, June 12, 2014
The previous UPA government had last year approved pricing of all forms of domestically produced gas at according to a formula suggested by a panel headed by C Rangarajan.

Anilesh S Mahajan
Calgary, June 11, 2014
Sources say a delegation of senior ministers of the Canadian government along with representatives of companies involved in oil and gas, power, petrochemicals, fertilizers and coal sectors are likely to visit India.

Mail Today Bureau
June 11, 2014
The public sector gas company, GAIL India Ltd, plans to import 36 liquefied natural gas (LNG) cargoes during the current financial year to meet the acute shortage of gas in the country in 2014- 15.

New Delhi, June 4, 2014
A new price for all domestically produced gas, based on a formula suggested by a panel headed by C Rangarajan, was to have come into effect from April 1 but was delayed due to the general elections.

Rahul Oberoi/Money Today
April 30, 2014
Experts say heavy research and development will allow oil and gas companies to bring down the cost of doing business. If the rupee remains stable over the next 12 months, the sector could be in for a turnaround.

Anilesh S. Mahajan
March 22, 2014
The power sector already faces an acute shortage of natural gas. The hike in gas prices from April 1 will compound its problems.

New Delhi, December 26, 2013
Partial deregulation of diesel prices and the government's nod for doubling natural gas prices from April 2014 were the highlights of India's oil economy in 2013, as the sector seeks a new thrust in the new year for the production of hydrocarbons.

New Delhi, December 20, 2013
Defending the government decision to double natural gas prices from April next year, Oil Minister M Veerappa Moily said higher rates will help raise domestic production and cut dependence on imports.

New Delhi, December 19, 2013
Prodded by the Finance ministry, the Oil ministry had initially proposed to deny the new gas prices that will kick in from next fiscal till such time that RIL either made up for the shortfall in output during past three fiscals, or it is proved that the company was not responsible for production falling below targets.

Hyderabad, December 11, 2013
The hike in domestic gas price, which is expected to be implemented from April 1, 2014, may burden urea producing companies by over Rs 9,000 crore.

Ajay Modi
August 23, 2013
With the commissioning of Petronet LNG's Kochi terminal, Kerala now has its first liquefied natural gas (LNG) terminal.

New Delhi, July 6, 2013
Reliance Industries will get $8.4 price for the natural gas from its eastern offshore KG-D6 fields from April 1, 2014 and potentially higher rates in following quarters, its minority partner Niko Resources said.

Bangalore, July 6, 2013
Stating that volatility in currency will hurt business, leading industrialist Rahul Bajaj said depreciating rupee can ultimately be taken care of by reducing imports and increasing exports.

Anilesh S. Mahajan
July 9, 2013
India is a highly price-sensitive market. Thus the challenge of pricing a natural resource in a way that simultaneously balances the interests of industries in that sector and those of the ordinary citizen is a daunting task.

New Delhi, June 28, 2013
The increase in gas price to $8.4 per million British thermal unit would increase the cost of generating electricity to Rs 6.40 per unit from Rs 2.93.

BT Online Bureau
Mumbai, June 28, 2013
The stock index saw its biggest gain in nearly two years after the government approved a hefty increase in the price of natural gas.

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