RasGas halves gas price for Petronet LNG, drops penalty
New Delhi: Petronet LNG, India's largest natural gas importer, has renegotiated its purchase agreement with Qatar's RasGas Co. Ltd and will lift gas from 1 January at nearly half the current rate of $ 13 per million metric British thermal units (mmBtu …
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Displaying items by tag: liquefied natural gas
Netherlands: Shipbuilding company Ferus Smit delivered its first liquefied natural gas (LNG) powered cement tanker MV Greenland to JT Cement on 23 December. Built for the joint venture JT Cement, formed by Swedish shipping company Erik Thun AB and …
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Liquefied natural gas: Govt seeks to negotiate Gwadar pipeline cost
The government has constituted a price negotiation committee in an attempt to seek a further reduction in the cost estimated by a Chinese company for laying the Gwadar liquefied natural gas (LNG) pipeline and setting up a terminal, an official says.
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COLUMN-LNG looks poised to follow crude oil's plunge: Russell
Spot Asian LNG prices LNG-AS ended last week at $ 5.60 per million British thermal units (mmBtu), about 28 percent below the recent peak of $ 7.80 reached on Nov. 22. In contrast, Brent crude oil has dropped 46 percent from its recent peak in early …
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