Symbol: NATURALGAS| Contract: Sep, 2014| Category: Energy
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Natural Gas's Latest News
Falling prices of crude oil, thermal coal and liquefied natural gas (LNG) are a huge positive for India as energy imports account for 36 per cent of its total imports last fiscal year, Crisil Research has said.
The Petroleum Ministry in an order today said it has revised guidelines for allocation/supply of domestic natural gas to city gas distribution (CGD) entities for CNG and piped cooking gas sector.
Cairn India's Rajasthan block holds significant natural gas reserves, over half of which can be produced.
Finding no bidders for one-third of the 14 cities it had bid out for city gas licence, the Petroleum and Natural Gas Regulatory Board (PNGRB) has extended by one month the last date for bidding for right to retail CNG and piped cooking gas.
The government on Wednesday said it will come out with a new natural gas pricing formula by September 30.
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'See de-rating of gas sector firms on PNGRB order'
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