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India gas News

31 Dec 2015

Qatar slashes gas price for India, waives penalty

The price as per the revised formula will come to USD 6-7 per million British thermal unit as against USD 12-13 per mmBtu currently.

06 Apr 2015

Essar Oil's CBM block production rises to 0.5 mmscmd

Essar Oil said it has built a high quality infrastructure gas conditioning and compression stations, in-field pipelines of 120 kms and last mile pipeline connectivity network to end users of about 60 kms.

06 Apr 2015

Essar Oil becomes India's largest CBM gas producer

Indian oil and gas producer Essar Oil on Monday said it has become India`s largest coalbed methane (CBM) gas producer as its gas unit in Raniganj in West Bengal crossed production of 5 lakh standard cubic metres per day (scmd) recently.

31 Mar 2015

Reliance signs production sharing pact for offshore blocks in Myanmar

Indian oil and gas major Reliance Industries said on Tuesday it had signed an agreement with Myanmar for a production sharing contract for two offshore blocks.

11 Jun 2014

India's gas production to stagnate without pricing reforms: IHS

IHS said low regulated gas prices have precipitated a supply shortfall in India, but proposed that reforms to the pricing formula could yield higher domestic production and boost India's economy.

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