Pakistan-Qatar sign agreement on Liquefied Natural Gas

Pakistan has signed a ten-years agreement with Qatar over the liquefied natural gas (LNG). The new agreement was signed at a significantly lower rate than the other deals that both the countries had signed. Significance of the agreement The new ..

Month: Current Affairs - March, 2021

Krishna Godavari Basin’s R- Cluster

The Reliance Industries Limited and British Petroleum recently announced the start of gas production from the R cluster. R Cluster is the deepest Off-shore gas field in Asia. It is the first of the three deepwater gas projects jointly developed ..

Month: Current Affairs - December, 2020

India’s plan to create Gas infrastructure

The Government of India is to increase the share of Natural Gas in the primary energy mix of the country from 6.2% to 15% by 2030. In order to achieve this, 60 billion USD is to be invested over next ..

Month: Current Affairs - December, 2020

New Natural Gas Reserves discovered in UAE

On February 2, 2020, the United Arab Emirates discovered shallow natural gas reserves of about 80 trillion cubic feet. The reserve was discovered between the Emirates of Abu Dhabi and Dubai. Highlights In November 2019, UAE announced the discovery of ..

Month: Current Affairs - February, 2020

Bangladesh signs agreement with Reliance Power to set up gas-based plant in Meghnahat

The Government of Bangladesh has signed an agreement with Reliance Power of India to set up 750 Mega Watt gas-based power plant in Meghnahat near Dhaka. The construction of the plant will be completed by 2022 and its estimated cost ..

PM Narendra Modi lays foundation stone of City Gas Distribution Projects

Prime Minister Narendra Modi laid foundation stone of City Gas Distribution (CGD) Projects of Union Ministry of Petroleum and Natural Gas in 65 Geographical Areas (GAs) in 129 districts under 9th CGD bidding round. He also launched 10th CGD Bidding ..

Month: Current Affairs - November, 2018

India receives first shipment of cheapest LNG from Gazprom Russia

On June 4, 2018, India received first shipment of its so far cheapest Liquefied Natural Gas (LNG) from Russian supplier Gazprom. The LNG has been delivered at a price close to USD 7 per million British Thermal Unit (mmBtu). This ..

Month: Current Affairs - June, 2018

The 9th India Japan Energy Dialogue 2018 held in New Delhi

The 9th India Japan Energy Dialogue was held in New Delhi on May 1, 2018. Both India and Japan with a view to implement Nationally Determined Contributions (NDCs) under the aegis of the United Nations Framework Convention on Climate Change ..

ADB approves fund for Reliance Bangladesh Liquefied Natural Gas (LNG)

The Asian Development Bank (ADB) has approved debt financing and partial risk guarantee of $583 million to develop Reliance Power’s 750MW LNG based combined cycle power plant and LNG terminal project in Bangladesh. ADB’s financing package includes loans and partial ..

Japan is hosting 6th annual LNG Producers Consumer Conference – 2017

The 6th annual LNG Producers Consumer Conference will be held in Tokyo, Japan from Oct 16-18, 2017. From India, Minister of Petroleum & Natural Gas and Skill Development & Entrepreneurship Dharmendra Pradhan will participate in the conference to enhance the ..