Liquefied natural gas Current Affairs, GK & News

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 agreement between Pakistan and Qatar will help in saving $300 million annually or nearly $3 ..

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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 by Reliance Industries Limited and British Petroleum. What is R Cluster? The R cluster is ..

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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 four years to create rigid gas infrastructure in the country. This includes city gas distribution ..

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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 7 billion barrels of oil. This raised the crude reserves of the country to 105 ..

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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 is one billion dollars. Under the agreement, Bangladesh will purchase electricity from the project for ..

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