KRISHNAPATNAM ( ANDHRA PRADESH): Shipping Corporation of India and GAIL (India) Limited are currently in discussion to forge a tie-up under which the latter will acquire nine LNG ships with almost $ 3 billion and the former will run them, a senior official of the SCI said. SCI Director (liner and passenger services) Sarveen Narula said...

KOCHI: Petronet LNG Limited (PLL) CEO A K Balyan has said that talks with the KSRTC were at an advanced stage for use of LNG in the buses operated by the latter. Balyan informed this while delivering the keynote address at the inaugural session of FACT-Metis LNG Master Class, a...

Liquefied natural gas projects in Africa, Canada and Australia face delays or even cancellation as global demand growth slows and U.S. output increases, according toGoldman Sachs Corp. (GS:US) Worldwide demand for LNG will grow 5 percent on an annual compound basis by 2020, and 4 percent by 2025, Goldman Sachs analysts...

Gail India (Gail) plans to buy around 10-12 LNG cargoes or around 0.9 million tonne from the spot market to meet its target of 2 million tonnes of gas supply for the financial year ending March 2015. Lower domestic demand from fertiliser and power plants has eased the supply pressure...