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Liquified natural Gas News

12 Sep 2017

GAIL swaps 60% of US LNG volumes: Chairman Tripathi

Under the time-swap deals, the company will buy LNG from international companies this year and sell equivalent amount of Henry Hub-indexed volumes during 2018-19.

11 Jul 2016

Petronet LNG plans $3 billion investment push overseas

India's biggest gas importer Petronet LNG aims to spend up to $3 billion in the next five years to expand overseas, setting up terminals in Bangladesh and Sri Lanka among other countries, its managing director said.

10 May 2015

Rs 400 cr loss to Petronet LNG last fiscal

Petronet LNG has suffered a loss of Rs 400 crore in the last fiscal due to difficulties in getting land for laying pipelines for connecting the Rs 4,000-crore Kochi LNG terminal with demand centres in Karnataka, a top official said Sunday.

Samsung LNG Plant

06 May 2015

After GAIL tender fails, Samsung to build LNG carrier at Kochi

Indian shipyards will have to forge a binding technical collaboration with foreign shipyard which will transfer LNG shipbuilding technology.

03 May 2015

GAIL to stop LNG imports at Dabhol till October

The terminal cannot receive shipments in the choppy monsoon seas in the absence of a breakwater, so it can currently import a maximum of only 2.25 million tons a year.

12 Apr 2015

Petronet offers 'gassing up' services at Kochi terminal

After leasing out storages at its under-utilised Kochi terminal, Petronet LNG has started offering services to LNG ships in a bid to generate revenue from different streams to tied over losses.

06 Jan 2015

With no takers, GAIL again postpones LNG tender date

Finding no takers for its Rs 42,370 crore tender to hire newly-built LNG ships, state-owned gas utility GAIL India Ltd has for the third time postponed the last date of bidding.

01 Oct 2014

GAIL in talks to buy 2-2.5 mt LNG from US

State-owned gas utility GAIL is in talks to buy an additional 2-2.5 million tons of liquefied natural gas from the US to meet India's growing energy demand.

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