On October 7, 2020, the Union Cabinet chaired by Prime Minister Narendra Modi approved the natural gas marketing reforms. The reforms aim to fix the gas prices in the market through transparent and competitive processes. Natural gas marketing reforms E-Bidding Platform: The main objective of the reforms is to provide standard procedure for the sale ..
Natural Gas: GK, General Studies and Current Affairs
The Indian Gas Exchange (IGX), the first nationwide online delivery-based gas trading platform was inaugurated in an e-ceremony today. IGX will be a delivery-based trading platform for the delivery of Natural Gas. Incorporated as a wholly-owned subsidiary of the IEX – India’s energy market platform, IGX will enable market participants to trade in standardized gas contracts. ..
The United Arab Emirates (UAE) recently announced that it has discovered a new natural gas field with 80 trillion standard cubic feet of shallow gas resources. The new gas field was named ‘Jebel Ali gas field’. The field is located between the territories of Dubai and Abu Dhabi and reported to span around 5,000 square ..
Recent reports show that the level of carbon dioxide emission continues to grow despite the decline in coal consumption. The carbon dioxide emission is set to rise by 0.6% in 2019 according to the Global Carbon Project. Though this is lower than last year’s rate, the current emission rate will reach record high levels in ..
India’s first plant to convert paddy straw into Compressed Bio Gas (CBG) will come up at Gharaunda village in Karnal, Haryana. The biogas generated at the Indra Indraprastha Gas Limited (IGL) ‘s plant will be used as CNG in vehicles and as piped cooking gas and help fight menace of stubble burning in fields. The ..