The Nation’s largest natural gas processing and distribution company, GAIL India limited has entered into a contract with Paradip Port Trust (PPT). The agreement includes setting up of a Floating Storage and Regasification Unit (FSRU) inside Paradip port. The initial capacity of the terminal is estimated to be 4 million tonne per annum (mtpa) and …
Natural gas prices may soon be priced uniformly all across the country soon. The ministry of petroleum and natural gas has proposed to have equivalent prices for compressed natural gas. According to a senior ministry official “We are working on a proposal that would make CNG prices uniform across the country,”. The basic objective is …
New things to look forward to! Although the Natural gas sector in India is on its way up, there is always scope for MORE! Recently, a massive development in the area has come about with the approval of the Shale Gas Oil Exploration program by CCEA. India will now be able to boost its domestic …
Today, the 23rd of October was yet another day that marked a great development in the Natural Gas sector in India. A Gas cooperation agreement was signed between the Government of Bihar and GAIL. The GCA enables cooperation for Natural Gas Infrastructure and City Gas distribution between the two. The GCA was signed in Patna …
T. Boone Pickens is the billionaire who believes in Natural Gas. Born on 22nd May 1928, he began delivering newspapers at the age of 12. Today after 85 years he is the Chairman at BP Management and stands at a net worth of about $1.2 Billion, ranked 377th billionaire in USA, March 2013 (Forbes, https://goo.gl/2CXShh) …
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