Major power producers in the private and public sector, including Tata Power, NTPC, Torrent Power and Mahagenco, have opposed the proposal floated by the Association of Power Producers (APP) to pool domestic gas with RLNG (regasified liquefied natural gas). They have opposed the move on the ground that this would lead to higher tariffs.

In its submission to the Central Electricity Authority (CEA) on the gas pooling issue, Tata Power said that its Trombay power station was allocated 1.5 million metric standard cubic metres per day (mmscmd) when ONGC flaring first started.

India on Wednesday signed the gas sale purchase agreement (GSPA) for the Turkmenistan-Afghanistan-Pakistan-India (Tapi) gas pipeline, which upon completion would diversify its gas basket. With domestic gas output stagnating, the $7.6-billion Tapi gas project provides a ray of hope.

In five years, the country would have access to imported natural gas, in addition to imported liquefied natural gas and domestic sources, including coal bed methane gas.

Indian Oil Petronas Private Limited, a joint venture between Indian Oil Corporation Limited (IOCL) and Petronas Malaysia, is setting up an LPG (liquefied petroleum gas) import-export terminal at the Ennore Port. The new facility will have a tankage capacity of 30,600 tonnes and will attract an investment of around Rs 497.83 crore.

Union minister of state for petroleum and natural gas R P N Singh informed the Lok Sabha that the IOC was proposing to set up an LNG (liquefied natural gas) import terminal at Ennore Port with storage and regasification facilities of 5 million metric tonne per annum capacity at an estimated cost of Rs 4,320 crore.

The State government has decided to ink a pact with Petronet LNG, a Government of India joint venture in energy sector, for a 356 MW Combined Cycle Gas Turbine (CCGT) power plant at Puthuvype. The project is expected to cost Rs.2,250 crore.

According to an official release here, a meeting chaired by Chief Minister Oommen Chandy here on Wednesday decided to sign the contract with Petronet, which suggested the integrated CCGT power plant to be set up along with the proposed LNG terminal at Puthuvype.

‘DG Shipping guidelines for granting licence to LNG vessels should be kept in abeyance'

Keeping in mind the continued shortfall in domestic gas production and the mounting demand for gas, an inter-Ministerial Committee has pitched for flexibility in transportation of LNG and keeping in abeyance the guidelines of Director-General (Shipping) for grant of licence to LNG vessels.

Demand for liquefied natural gas likely to go up in international market

The shutting down of nuclear power plants in Japan in the wake of the disaster borne out of massive tremor and tsunami there will have an impact on the energy scenario in Kerala. Projects based on liquefied natural gas (LNG), including the project to be commissioned in Kochi later this year, will have to chalk out strategies to face the increased demand for LNG in the international market.

Industry body fears dwindling KG-D6 output wil lead to gas-based plants running only at 30% capacity

In order to tackle the problem of scarcity of fuel at gas-based power stations and bringing down its average cost, private power producers have requested the government to pool domestic and imported natural gas.

The Oil Ministry has refused permission to public sector oil companies for acquiring Asian Development Bank's stake in Petronet LNG Ltd (PLL) so as to keep the nation's largest liquefied natural gas importer a private company. The ADB on August 23 last year offered to sell its 5.2 per cent stake in PLL, in which GAIL, Indian Oil (IOC), Bharat Petroleum (BPCL) and Oil and Natural Gas Corp (ONGC) hold 12.5 per cent stake each and have a first right of refusal.

New Delhi In an attempt to de-risk its exploration business, state-owned Oil and Natural Gas Corp (ONGC) plans to foray into gas retailing business through a new subsidiary -- ONGC Gas Ltd.

ONGC would use the new subsidiary for its foray into city gas distribution business and sale of imported liquefied natural gas (LNG), company officials said here. The new unit may be aimed at making amends to the company letting go lucrative opportunities to enter gas business.