Search For "lng"
"Act of terrorism": Russia denounces drone attack on commercial vessel in
Updated : 2 days, 11 hours ago IST
Russian Foreign Ministry Spokesperson Maria Zakharova condemned a drone strike on the commercial vessel Arctic Metagaz in the Mediterranean. Calling it "a terrorist attack & a war crime," she detailed the crew's rescue after a gas explosion, criticised Malta's refusal to assist the injured,
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India exploring alternate destinations for fertilisers, if West Asia confl
Updated : 3 days, 5 hours ago IST
"The country is making arrangements and efforts to explore more alternative destinations to import LNG. It's a kind of pre-emptive measure in case the war goes on for a longer period. Advisories are also being issued to farmers for the wise use of fertilisers," Singh said on the sidelines of
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India's crude supply remains secure, gas companies have procured LNG carg
Updated : 3 days, 8 hours ago IST
Sharma said two LNG cargos are on their way to India
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Long-run LNG supplies will not be disrupted, but there will be a lead time
Updated : 4 days, 8 hours ago IST
The source said the recent surge in Asian LNG prices and supply disruptions have altered the economics of global gas trade, making shipments from more distant suppliers commercially viable despite higher transportation costs.
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Oil marketing companies to talk with restaurant associations to understand
Updated : 4 days, 7 hours ago IST
The government has taken several steps to ramp up supply of domestic cooking gas in view of the conflict in West Asia and oil marketing companies will also talk to the various restaurant associations to understand their problems of LPG supply, sources said on Tuesday.
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Domestic consumption priority right now...energy security important to gov
Updated : 4 days, 14 hours ago IST
"There are some challenges, but like the EAM assured the house yesterday and the Petroleum and Natural Gas Minister has been repeatedly assuring, the energy security of the country is the foremost priority for the govt. I would like to assure the people of Karnataka, especially the hoteli
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Middle East conflict could dent India's GDP and push oil to $110: Report
Updated : 4 days, 14 hours ago IST
The primary concern for the Indian economy is the sharp increase in fuel costs. According to the report, "Brent has moved up from a range of US$ 65-US$ 70 per barrel to US$ 110 per barrel since the war broke out." This surge is linked to major infrastructure failures in the region. "Iran's o
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Pakistan's monthly oil import bill could skyrocket to $600 million, says F
Updated : 5 days, 19 hours ago IST
Amid the developing security situation in West Asia, Pakistan could see its monthly oil import bill soar to a whopping USD 600 million, the country's Finance Minister Muhammad Aurangzeb said on Sunday, as reported by Dawn. Already reeling under economic stress, the country's Petroleum Min
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Bangladesh may turn to US companies for LNG amid fuel concerns: Industry l
Updated : 6 days, 16 hours ago IST
During the fuel crisis in Bangladesh, if the LNG supply from Qatar is not possible, then Bangladesh can procure fuel from companies of the United States as an alternative, because Bangladesh has a fuel supply agreement with the United States, a fuel business leader said on Sunday.
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Energy imports into the country are in full flow from all Non-Hormuz route
Updated : 6 days, 17 hours ago IST
Puri had an interaction with the mediapersons on Saturday, where he discussed the measures taken by India over ongoing energy availability, affordability and sustainability in the changing global order and challenges.
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Qatar will start supplying LNG to India once route is open: Govt sources
Updated : 1 week ago IST
Amid a severe energy crisis currently unfolding in the Middle East, Government sources have revealed that Qatar has provided specific guarantees regarding LNG's supply continuity, noting, "We are assured by Qatar that they will start supplying to India on the very first minute once the route
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West Asia conflict may have deeper economic impact on India than expected:
Updated : 1 week, 1 day ago IST
The report noted, "If the crisis persists, it could have material implications for the exchange rate and the current account deficit and could stoke inflationary pressures."
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