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'12 power plants solely dependent on KG-D6 gas lying idle'

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New Delhi: With generation capacity of more than 2,978 MW, 12 power projects that are solely dependent on gas supplies from the Krishna Godavari (KG)-D6 basin are lying idle, the government said toda

CNG prices to jump by up to Rs 11.7 due to gas price hike

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New Delhi: The government decision to double natural gas prices from April next year will translate into a hike of Rs 8.20-Rs 11.72 per kg in CNG rates in cities like Delhi and Mumbai.
The government

Hyderabad plans for cheaper ‘gas’

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Hyderabad: The first ever LNG import terminal proposed on the east coast at Kakinada will have Shell and Gaz De France as partners if state government has its way in bringing the two oil majors toget

Mundra LNG terminal to be commissioned by 2016: Saurabh Patel

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Vadodara: Gujarat Petroleum and Energy Minister Saurabh Patel on Saturday said the proposed Mundra LNG terminal, one of the two planned LNG projects in the State, would be commissioned by 2016.
“Guja

Jayalalithaa protests Cabinet nod to raise natural gas price

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Strongly protesting the cabinet approval of natural gas price increase, Tamil Nadu chief minister J. Jayalalithaa today said the move will benefit only a particular company and argued against the “artificial pricing” mechanism for domestic gas production.

Domestic natural gas price to go up

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New Delhi: Prices of domestic natural gas is set to go up, as the government is likely to decide on Thursday the price of the product in tune with the recommendation of Rangarajan committee.
 
Reve

Antony to head EGoM on natural gas pricing

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Defence Minister A.K. Antony will head the reconstituted high-powered ministerial panel which will decide if price of natural gas produced by Reliance Industries from KG-D6 fields can be revised befor

Citi cuts 2013 Brent crude oil price f'cast to $99/barrel

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Citigroup Global Markets lowered its 2013 Brent crude oil price forecast by 17.5 per cent to $99 per barrel, saying accelerating shale oil production in the United States could reduce imports into the

India's natural gas output may fall; power cos in trouble

In a worrying development for gas-based power plants, India's natural gas production is likely to fall by 35 per cent to 27.64 million metric standard cubic meters per day (mmscd) in the next fiscal a

GAIL wants marketing margin on RLNG out of regulatory purview

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Gas utility GAIL India Ltd has demanded that the government keep the marketing margin the company and other state-owned firms charge on imported liquefied natural gas (LNG) outside the regulatory purv

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