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Tuesday, November 5, 2024
TopicLNG

Topic: LNG

GAIL to get four LNG cargoes from Germany’s Sefe in May

The resumption of supplies from Sefe is crucial for GAIL, which reported an almost 93% slump in its December quarter profit due to lower gas sales triggered by supply disruptions.

Natural gas is Europe’s Achilles heel. Russia to Germany—everyone’s desperate to diversify

Putin has a clear edge because turning off gas taps will send shockwaves across European industries, further deepening the global economic crisis.

Govt turns to expensive foreign LNG to ease power crisis

Torrent Power & GAIL India bought LNG for May delivery in the last week, with the fuel set to be used to help power plants boost generation.

Modi govt hikes natural gas price by 62%, CNG, piped cooking gas rates may rise

The first price hike since April 2019 will also up the cost of generating electricity but it may not reflect in consumer bills as the share of power produced from gas is very low.

Pakistan to start building LNG pipeline with Russia in July

Pakistan will have a majority share of 51% to 74% in the project, while Russia will own the remainder, said PM Imran Khan's petroleum adviser Nadeem Babar.

French energy giant Total sets eyes on India, buys $600 million stake in Adani Gas

Keen to expand presence in one of the world's fastest growing natural gas markets, Total hopes to tap into India's "immense" energy needs.

As Modi arrives in Houston, India’s Petronet signs $7.5 billion deal with US firm for LNG

Petronet's deal with Tellurian could potentially be one of the largest foreign investments in the US to ship shale gas abroad.

On Camera

What Trump-Harris result could mean for India in key areas, from geopolitics to trade & immigration

India cannot be blasé about change in any important capital in the world. Let's look at five key areas where US policy matters for India and how it may vary between Harris and Trump.

Watch CutTheClutter: Flattening INR-USD rate, and debate on pros and cons of a ‘strong’ rupee

In Episode 1544 of CutTheClutter, Editor-in-Chief Shekhar Gupta looks at some top economists pointing to the pitfalls of ‘currency nationalism’ with data from 1991 to 2004.

Rifles slung upside down, on ponies. Indian troops go on their 1st patrol in Depsang since 2020

Troops patrolled up to Patrolling Point (PP) 10 on Monday. Though there are PP 10, 11, 12, 12A & 13 in Depsang Plains, it was decided that only one or two PPs would be patrolled.

Xi wanted to teach India about imbalance of power. We should take a budgetary lesson from it

While we talk much about our military, we don’t put our national wallet where our mouth is. Nobody is saying we should double our defence spending, but current declining trend must be reversed.