IGX To Launch LDC In Feb In Collaboration With S&P Global
IGX launched Long Duration Contracts (LDCs) in collaboration with S&P Global
IGX launched Long Duration Contracts (LDCs) in collaboration with S&P Global
Petroleum and Natural Gas Regulatory Board (PNGRB) organized a knowledge sharing workshop titles “Strengthening Safety in the City Gas Distribution (CGD) Network” in partnership with Assam Gas Limited and Tripura Gas Company Limited. The workshop was held in Guwahati, Assam on 23 and 24 January. Mr AK Tiwari, Member, PNGRB delivered the keynote address that […]
India is promoting natural gas as a ‘transition fuel’ as it moves from coal and oil towards renewable energy as the main source of power.
The natural gas sector in India today is at the threshold of rapid growth on the back of an increasing demand, increased exploration, large scale discoveries in the East Coast, build-up of LNG import terminals in the West Coast, new upcoming LNG import terminals and the development of a nationwide natural gas pipeline grid.
The government plans to invest US$2 billion over the next three to five years, especially in deepwater and offshore areas, to increase its natural gas production to 60 billion cubic metre (bcm).
Natural gas is on the way to overtake coal as the world’s second largest energy source after oil by 2030 as more and more countries move to adopt it as a lesser polluting fuel than crude oil. The International Energy Agency (IEA) has forecast that global gas demand would increase by 1.6 percent a year […]