NEW DELHI/MILAN State-run Indian Oil Corp (IOC.NS) has awarded a tender to buy a liquefied natural gas (LNG) cargo for delivery in mid-July to trader Vitol, sources with knowledge of the deal said.   This is the second spot cargo procured directly by the country’s biggest refiner that has turned its...

As the US is preparing to export its natural gas to India in future, an American lawmaker is pushing for a Congressional legislation to export the gas in US-made ship and tanks. “By requiring that the ships be American-built, we will be able to employ several hundred thousand new men...

The government is going to set up a liquefied natural gas (LNG) based 850-megawatt power plant in Khulna, according to official sources. The LNG is to be imported from neighbouring India. Power Division officials said the state-owned North West Power Generation Company Limited (NWPGCL) has already signed an agreement with...

The energy and petrochemicals major Shell is upbeat on opportunities in India in meeting LNG requirements and developing support infrastructure such as the Hazira terminal. The multinational has been recently asked to be part of an LNG terminal project in Kakinada in Andhra Pradesh. It is awaiting full diesel de-regulation...