Page 2 - Liquefied Natural Gas
India set to attract Rs 10,000 cr for 1,000 LNG stations in three years
As a first step towards this, 50 stations were launched on Thursday on the Golden Quadrilateral
 "India set to attract Rs 10,000 cr for 1,000 LNG stations in three years")
Shell plans to slash value of its oil & gas assets by up to $22 billion
The writedown announcement came after Shell cut its forecast for energy prices into 2023 on expectations that sales will only recover slowly after the pandemic
 "Shell plans to slash value of its oil & gas assets by up to $22 billion")
GAIL, Adani, Petronet LNG join IGX; gas price of $4.07 per unit discovered
Launched on Monday, the platform - set up by the Indian Energy Exchange - has so far traded 100 mmBtu gas.
 "GAIL, Adani, Petronet LNG join IGX; gas price of $4.07 per unit discovered")
PNGRB likely to extend deadline by at least 3 months for city gas players
With the completion of the tenth round, the CGD network will be available in 228 GAs, comprising 402 districts spread over 27 states and Union Territories
 "PNGRB likely to extend deadline by at least 3 months for city gas players")
India set to import record LNG volumes as spot prices slump on virus impact
The country's annual LNG imports is expected to rise by 10%-15% this year, said Poorna Rajendran of consultancy firm FGE
 "India set to import record LNG volumes as spot prices slump on virus impact")
Gail India issues tender to buy and sell LNG cargoes, says report
It offered cargoes from the Cove Point plant in the United States on a free-on-board basis loading on March 20-22, April 25-27 and May 25-27
 "Gail India issues tender to buy and sell LNG cargoes, says report")
Total SA to buy 37.4% stake in Adani Gas for nearly Rs 5,700 crore
The deal will be the largest foreign direct investment in India's city gas distribution
 "Total SA to buy 37.4% stake in Adani Gas for nearly Rs 5,700 crore")
Dispute-hit Mundra LNG terminal to be commissioned by Dec: Report
The terminal was mechanically completed in mid-2018 and was inaugurated by Prime Minister Narendra Modi
 "Dispute-hit Mundra LNG terminal to be commissioned by Dec: Report")
Near-term concerns outweigh GAIL's attractive valuations, growing network
Street worried over the proposal to restructure the company, profitability of petrochemicals business and placement of high-priced US contracts
Petronet joins hands with IGL and GSPC to sell liquefied natural gas
Company CEO Prabhat Singh said it was in the final stages of inviting bids to set up Liquefied natural gas (LNG) outlets
 "Petronet joins hands with IGL and GSPC to sell liquefied natural gas")
Gains ahead for gas companies as LNG price crack 65% in 6 months
Lower prices should benefit all the players in the gas distribution value chain
 "Gains ahead for gas companies as LNG price crack 65% in 6 months")
India's gas importers benefiting from easing prices: Nomura
GAIL is benefiting from lower natural gas price in the domestic market and imports and the recent strength in petrochemical product prices
 "India's gas importers benefiting from easing prices: Nomura")
