Search result for 'lng prices'

Torrent Power signs a 10-year agreement with BP Singapore to buy up to 0.41 million tonnes of LNG annually, starting 2027, for power generation and city gas distribution.

IGX traded 8 million MMBtu of gas in October, driven by decreased administered gas allocations and high global LNG prices. The Gas Index of India (GIXI) for October 2024 was Rs 1,098 per MMBtu.

City gas distribution companies in India are facing a rise in procurement costs due to reduced APM gas allocation. Crisil estimates the cost increase to be around Rs 2-3 per kg, impacting CNG prices.

India's government raised the price of natural gas produced by Reliance Industries to $10.16 per mmBtu, but CNG and piped cooking gas prices remain unchanged due to a price cap. Learn more about...

Petronet LNG, India's largest LNG importer, reported a record net profit of Rs 3,536 crore in FY24, driven by higher LNG volumes and stable prices.

Torrent Power reported an 8% decline in net profit to Rs 447 crore in the March quarter due to higher expenses. The company also announced a final dividend of Rs 4 per share.

Iran-Israel conflict threatens to disrupt oil and LNG supplies through Strait of Hormuz, leading to price hikes and inflation. Learn about the potential impact on India and global markets.

Petronet renews a 20-year contract to buy 7.5 million tonnes of LNG from Qatar annually, supporting India's clean energy goals. Learn about the deal's price changes, gas composition, and...

NITI Aayog recommends fiscal and non-fiscal incentives to promote LNG as a transportation fuel for trucks, aiming to reduce emissions and boost the Indian trucking market.

Petronet LNG, India's largest LNG importer, reported a record Q3 profit of Rs 1,190.30 crore, driven by higher capacity utilization at its Dahej terminal and falling gas prices.