Articles tagged under: Gas

Adani Gas announces to roll back hike in CNG/PNG prices in Ahmedabad and Vadodara from tomorrow

October 05, 2017
Adani Gas announces to roll back hike in CNG/PNG prices in Ahmedabad and Vadodara from tomorrow

Ahmedabad: Adani Gas, which had increased it CNG and PNG prices in Ahmedabad and Vadodara from yesterday, today announced to roll it back with effect from tomorrow (October 6 )without citing any specific reason for it. A statement issued by the company owned by Adani Group today said it has decided to revise the price of CNG & PNG with effect from Oct 6, 2017. Retail Sales Price of CNG in Ahmedabad & Vadodara is revised from Rs. 47.80 per Kg to Rs.45.95 /Kg. Retail Sales ...Read More

Adani Gas to increase CNG/PNG prices in Ahmedabad and Vadodara from tomorrow

October 03, 2017
Adani Gas to increase CNG/PNG prices in Ahmedabad and Vadodara from tomorrow

Ahmedabad: Adani Gas today announced to increase the prices of CNG and PNG in Ahmedabad and Vadodara from tomorrow. A statement issued by the company said, ''Ministry of Petroleum and Natural Gas (MoPNG) in accordance with “New Domestic Natural Gas Pricing Guidelines, 2014” has revised the price of Domestic Natural Gas from $ 2.48 / MMBTU to $ 2.89 / MMBTU (on Gross Calorific Value (GCV) Basis). Accordingly, Retail Sales Price of CNG in Ahmedabad & Vadodara is revised from Rs.4...Read More

ONGC to buy 80% stake of GSPC with operatorship rights in KG gas block for $995 million

December 24, 2016
ONGC to buy 80% stake of GSPC with operatorship rights in KG gas block for $995 million

Ahmedabad: The board of state-run Oil and Natural Gas Corporation Ltd (ONGC) on Friday approved the plan to acquire the entire 80% participating interest of Gujarat State Petroleum Corporation Ltd's (GSPC) block in Krishna Godavari basin for $995.26 million. In a statement to the media, ONGC said, "ONGC Board today considered the proposal and approved acquisition of the entire 80% Participating Interest (PI) of GSPC along with operatorship rights, at a purchase consideration of $995.26 milli...Read More

Adani Gas reduces CNG and PNG prices from today in Ahmedabad and Vadodara

October 01, 2016
Adani Gas reduces CNG and PNG prices from today in Ahmedabad and Vadodara

Ahmedabad: Private Sector Adani Gas today announced to reduce the price of CNG and PNG (Domestic) in the two cities of its operation in Gujarat by Rs 1.10 per Kg and 53 paise per cubic meter respectively. The company in a statement issued today said it has revised price of CNG to Rs.44.70 / Kg from Rs. 45.80 /Kg including all taxes. Price of PNG (Domestic) is revised to Rs.510.15 / MMBtu ( Approx. Rs. 19.43 /Cubic Meter ) excluding VAT from Rs.523.96 / MMBtu (approx. Rs.19.96 / Cubic ...Read More

Gas price for industrial use cut by 18%

September 30, 2016

New Delhi:Price of natural gas, used for generating power, making fertiliser and supplying CNG, was today cut by 18 per cent to USD 2.5 per million British thermal unit, fourth reduction in 18 months. Rate of natural gas produced from existing fields of state-owned Oil and Natural Gas Corp (ONGC) and Reliance Industries has been cut to USD 2.5 per mmBtu for a 6-month period from October 1, from USD 3.06 per mmBtu currently. As per the new gas pricing formula approved by the NDA- governme...Read More

Rs 2.07 cut in PNG price for Ceramic Industry in Gujarat effective now

September 30, 2016
Rs 2.07 cut in PNG price for Ceramic Industry in Gujarat effective now

Gandhinagar: Gujarat Chief Minister Vijay Rupani has taken a decision to reduce the price of Piped Natural Gas(PNG) for ceramic industry supplied by Gujarat Gas by Rs 2.07 per unit with effect from 27 September. The Chief Minister had made related announcement at Morbi during the Independence Day function, and it was implemented there. Later ceramic units in Surendranagar and Thangadh also demanded similar benifit. Reacting positively Rupani has announced same benifit for Surendranagar and...Read More

Several major announcements for Morbi by CM Rupani, Rs 2.07 per unit cut in PNG one of them

August 15, 2016

Morbi: Chief Minister Vijay Rupani today on the occasion of State level Independence Day function in Morbi delivered several good news for locals. - Ceramic industries in Morbi have given global identity and glory to Morbi. The government will start skill upgradation center here in attempt to give new direction to industries through skill oriented training. - A new industrial estate will be developed ovet 50 hectare land at Chhatar-Mitana of Morbi for Micro, Small and Medium scale Ente...Read More

In trying to target Gujarat, Assam too became victim during UPA govt: Pradhan

August 04, 2016
In trying to target Gujarat, Assam too became victim during UPA govt: Pradhan

New Delhi: State-owned ONGC and Oil India Ltd today paid Assam government Rs 1,450 crore in past royalty dues on crude oil produced in the state with Petroleum Minister Dharmendra Pradhan saying the previous Congress government had done great injustice to the state. While OIL Chairman and Managing Director Utpal Bora handed over a cheque of Rs 1,149.24 crore to Assam Chief Minister Sarbananda Sonowal, Oil and Natural Gas Corp (ONGC) CMD Dinesh K Sarraf presented a cheque of Rs 300.64 crore....Read More

Subsidised LPG price hiked by Rs 1.93 per cylinder

August 02, 2016
Subsidised LPG price hiked by Rs 1.93 per cylinder

New Delhi: Subsidised cooking gas (LPG) price was on Monday hiked by Rs 1.93 per cylinder, the second increase in rates in one month as the government looked at monthly increases to cut down subsidies. A subsidised 14.2-kg cylinder will now cost Rs 423.09 in Delhi as against Rs 421.16 previously, according to state- owned oil firms. This is the second straight monthly increase in subsidised cooking gas. LPG rates were last hiked by Rs 1.98 per 14.2-kg cylinder on July 1. The governm...Read More

India discovers producible natural gas hydrates: US agency

July 26, 2016
India discovers producible natural gas hydrates: US agency

Washington: India has discovered a large, highly enriched accumulations of natural gas hydrates in the Bay of Bengal that has the potential to be tapped, a top US agency which helped in this major discovery has said. "Advances like the Bay of Bengal discovery will help unlock the global energy resource potential of gas hydrates as well help define the technology needed to safely produce them," said Walter Guidroz, coordinator of the US Geological Survey (USGS) Energy Resources Program coord...Read More

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