Articles tagged under: Gas

Gujarat government announces relief to Gujarat Gas consumer industries

May 09, 2020
Gujarat government announces relief to Gujarat Gas consumer industries

Gandhinagar: Due date of payment of bill for second half of March for Gujarat Gas consumers has been extended to May 10. The earlier due date was March 15. Dues can be paid in four fortnightly installments by June 23. Late payment for Gujarat Gas bills will now attract 10% interest instead of existing provision of 18% interest. Minimum Off take Guarantee for April, May and June has been exempted for industries, in order to give relief in payment of minimum fix charge. These decisions taken by S...Read More

Gujarat govt announces 16 paisa/unit relief in power tariff

May 05, 2020

Gandhinagar: The Government of Gujarat has announced Rs. 310 crore relief to over 1.30 crore power consumers in the State through 16 paise per unit cut in fuel surcharge levied by State owned power companies in electricity bills. According to Power minister Saurabh Patel, 'as per the formula decided by Gujarat Electricity Regulatory Authority, per unit Rs. 2.06 paise fuel surcharge was levied during January - March 2020 period, against which in April - June 2020 period saw levy of Rs. 1.90 p...Read More

Adani Gas announces cut in CNG and Domestic PNG prices

April 08, 2020
Adani Gas announces cut in CNG and Domestic PNG prices

Gandhinagar: Adani Gas today announced cut in CNG and Domestic PNG prices effective from midnight.Read More

Torrent group hails apex court judgement regarding dismissal of Adani Gas plea

February 18, 2020
Torrent group hails apex court judgement regarding dismissal of Adani Gas plea

Ahmedabad: Torrent Gas, a subsidiary of Torrent group, has hailed the Supreme Court judgement that upholds authorisation by Petroleum and Natural Gas Regulatory Board (PNGRB) to the company for creating City Gas Distribution network in Chennai and Tiruvallur. Appeal filed against authorisation by Adani Gas was dismissed by the apex court on Monday. Executive Director of Gujarat based torrent group Jayesh Desai today said that Torrent Gas, was authorized by the PNGRB, pursuant to an ...Read More

Govt defends LPG price hike, saying it is insulated by increase in subsidy

February 13, 2020
Govt defends LPG price hike, saying it is insulated by increase in subsidy

New Delhi: The LPG price is derived based on international market price for the previous month. LPG price for cooking for consumers under PAHAL (DBTL) is subsidized by the Government of India. The subsidy quantum given to the PAHAL consumers by way of Direct Benefit Transfer is the difference between the market-determined price and the subsidized price. On account of a sharp increase in the international price of LPG during January, 2020 from $ 448/MT to $ 567/MT, there has been a hike of R...Read More

Gujarat asks Qatar for long-term gas supply at reduced price

January 27, 2020
Gujarat asks Qatar for long-term gas supply at reduced price

New Delhi: The Government of Gujarat has made appeal to Qatar for long term gas supply to the State at affordable rate. In a meeting held in capital New Delhi between union petroleum and natural gas minister of India Shri Dharmendra Pradhan and Qatar's energy minister Saad Sherida al-Kaabi, Gujarat energy minister Saurabh Patel shared details of Gujarat based gas power plants and said Gujarat has 4,000 MW installed capacity power plants functional, including state govt owned 2500 mw gas powe...Read More

After 25 years of operations, Shell, Reliance and ONGC JV transfer the Panna-Mukta fields back to ONGC

December 20, 2019
After 25 years of operations, Shell, Reliance and ONGC JV transfer the Panna-Mukta fields back to ONGC

Mumbai: After 25 years of operating the Panna-Mukta oil and gas fields, the Panna-Mukta and Tapti (PMT) Joint Venture partners will be handing over the Panna-Mukta oil and gas fields back to the Government of India’s nominee i.e. ONGC on 21st December 2019. The PMT JV constituents include Oil & Natural Gas Corporation Limited (ONGC), Reliance Industries Limited (RIL) and BG Exploration & Production India Ltd (BGEPIL), each holding 40%, 30% and 30% participating interest respectively. The Pr...Read More

Union minister Pradhan urges officials of his ministry to replicate the success of Gujarat

November 29, 2019
Union minister Pradhan urges officials of his ministry to replicate the success of Gujarat

New Delhi: Union Petroleum minister Dharmendra Pradhan on Thursday held a meeting with officials of Petroleum ministry and Petroleum & Natural Gas Regulatory Board (PNGRB) an representatives from the Oil & Gas industry to discuss ways to fast track India into a gas-based economy by utilising the learnings from Gujarat and adopting best practices to increase the share of natural gas from 6% to 15%. Pradhan in a series of tweets said, Gujarat’s share of natural gas in the energy mix is appr...Read More

Bhavnagar port to have world’s first CNG terminal

November 10, 2019
Bhavnagar port to have world’s first CNG terminal

Gandhinagar: The Government of Gujarat has given approval to world's first CNG terminal at Bhavnagar port, said a note issued by Chief Minister's office. U.K. based Foresight group and Mumbai based Padmanabh Mafatlal group joint venture will invest Rs. 1900 crre to set up a CNG port terminal at Bhavnagar port, the note further said addinh that the Chief Minister has as a Chairman of Gujarat Infrastructure Development Board (GIDB) has given approval to this proposal. Proposed GNG terminal...Read More

French Multinational oil and gas company Total S A signs agreement to buy 37.4% stake in Adani Gas Ltd

October 14, 2019
French Multinational oil and gas company Total S A signs agreement to buy 37.4% stake in Adani Gas Ltd

Ahmedabad: Total S.A, a French multinational integrated oil and gas company founded in 1924 and one of the seven Supermajor oil companies in the world, has signed definitive agreements regarding purchase of 37.4% shares in the Adani Gas Ltd. According to a press statement issued by the Ahmedabad headquartered Adani group here today the agreement was to deepen the existing partnership of Adani and Total and commitment for developing multi-energy offerings to the Indian energy market....Read More

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