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Petroleum Minister Dharmenda Pradhan on Wednesday defended the daily price revision mechanism calling it rational and transparent.

Stressed upon developing transparent market for LNG: Pradhan

He adds competitive market for LNG is important for India as it imports 50 pc of gas need as LNG.

18 Oct 2017 5:47 AM GMT

India will work with Japan to make long-term liquefied natural gas (LNG) import deals more affordable for its price-sensitive consumers. (File Photo)

India, Japan to team up to get more flexible LNG deals

India and Japan will also look at establishing LNG spot price indices that reflect true supply and demand.

12 Oct 2017 4:15 AM GMT

India will buy an additional one million tonnes per annum of LNG from Australias Gorgon project after it got Exxon Mobil Corp to cut prices. Photo: PTI

India to buy 1 mt Australian LNG more after Exxon slashed rates

Exxon will charge 12.5 per cent of prevailing Brent oil price for about 1 mt per annum of additional LNG.

11 Sep 2017 11:12 AM GMT

The risk of price renegotiations will become more acute over the next couple years as spot LNG prices remain depressed.

ExxonMobil slashes 20-year LNG price to India in bad omen for...

India has been aggressive in seeking cheaper deals, also renegotiating a contract with Qatar in 2015.

11 Sep 2017 6:54 AM GMT

The first liquefied natural gas (LNG) shipment from the US arrived at the Dabhol terminal of state-run gas major Gail here on Friday.

GAIL to import only half of US LNG into India

GAIL has a deal to buy 3.5 million tonne a year of LNG for 20 years from Cheniere Energy of the US.

12 April 2018 8:05 AM GMT

The project would be Petronets maiden venture into the natural gas exploration and production business and overseas LNG terminals.

India's Petronet LNG aims to partner with ONGC Videsh in Qatar project

The project would be Petronet's maiden venture into the natural gas exploration and production business and overseas LNG...

11 April 2018 7:15 AM GMT

Adani Infrastructure

Energy giant Total to buy 37 per cent stake in Adani Gas

Total is the third foreign oil major to enter India's gas sector after BP Plc and Shell.

14 Oct 2019 9:59 AM GMT

Two committees have been formed for the preparation of the program which will be headed by Minister of Petroleum and Natural Gas Dharmendra Pradhan and Minister of Jal Shakti Gajendra Singh Shekhawat. (Photo: ANI)

USD 60 billion investment coming in gas infrastructure: Pradhan

Govt is giving special impetus to develop gas infrastructure across the length and breadth of the country, said the Oil...

13 Oct 2019 12:55 PM GMT

The first two-plus-two meeting between India and the US was tentatively scheduled for April 18-19. (Photo: AP)

US says India welcome to bring in serious trade proposals for...

Observing that trade is an area of frustration, the US has said that the door is open if India is prepared to bring a...

16 March 2019 6:34 AM GMT

India will on Monday import its first ever cargo of LNG from Russia under a long-term deal as the worlds fourth-largest buyer of liquefied natural gas (LNG) diversifies its import basket to meet its vast energy needs.

India LNG demand journey to be shaky, slow due to infrastructure...

Government aims to run all LNG terminals at full capacity by 2022 as it works to complete entire pipeline grid, said Oil...

15 March 2019 5:49 AM GMT

Indian Oil Corp (IOC) bagged three fields, the same number as new entrant PFH Oil and Gas Pvt Ltd got.

Ennore LNG terminal to help IOC fast-track city gas project

Ennore LNG terminal is part of India's plan to raise share of natural gas in country's energy basket to 15 pc by 2030...

8 March 2019 9:11 AM GMT

The new version has a delivery period of six to 10 weeks, according to the website, which would customers eligible for the current $7,500 US tax credit if they take delivery by the end of the year. The tax credit for Tesla cars will drop by half on Jan. 1.

Natural gas vehicles likely to account for 50 pc of total new sales by...

As an automobile fuel, natural gas is a proven tech in providing better air quality, sustainability and...

9 May 2019 12:26 PM GMT