Karandikars & Associates

Karandikars & Associates

Home About us India Indicators Global Indicators Conversion Factors Contact us

Advertisement Space — Coming Soon


What's New: Natural Gas

Click on the links to read detailed news

HPCL signs a 10-Year LNG Purchase Agreement with ADNOC Gas
August 4, 2025

Hindustan Petroleum Corporation Limited (HPCL), one of India's largest integrated oil refining and marketing company, has signed a Heads of Agreement (HOA) with Abu Dhabi Gas Liquefaction Company (ALNG) a subsidiary of ADNOC Gas for procurement of Liquefied Natural Gas (LNG) for a 10-year term

Dabhol:First LNG Vessel Successfully Discharged During Monsoon Season
June 6, 2025

GAIL (India) Limited has successfully berthed and discharged its first LNG vessel at the Dabhol LNG Terminal following the completion of the landmark Breakwater Project

HPCL and ADNOC Trading sign their 1st LNG Trading Supply Agreement
April 30, 2025

Hindustan Petroleum Corporation Limited (HPCL) and ADNOC Trading have signed LNG Trading Supply Agreement. This Agreement marks a significant step in the strategic partnership between the two organizations, fostering energy security and sustainability

Policy measures for strengthening the allocation framework for domestic natural gas
April 18, 2025

The Government has introduced key policy measures aimed at strengthening the allocation framework for domestic natural gas, in alignment with its vision of promoting cleaner energy access, enhancing urban air quality, and bolstering domestic energy security

Advertisement Space — Coming Soon


IGX Executes first Long Duration Contract (LDC)
April 9, 2025

The Indian Gas Exchange (IGX) has concluded its first Long Duration Contract (LDC) for a three-month delivery period. This inaugural trade was executed at the Hazira ONGC delivery point for the period from May to July 2025 and was priced against the Platts West India Marker (WIM)

IGX and HPCL Sign MoU to Boost Natural Gas Consumption in India
February 12, 2025

Indian Gas Exchange Limited (IGX) and Hindustan Petroleum Corporation Limited (HPCL) have announced the signing of Memorandum of Understanding (MoU) to collaborate on enhancing the Natural Gas market in India

IGX Receives PNGRB Approval to Launch Long Duration Contracts
January 27, 2025

The Indian Gas Exchange (IGX) has announced the launch of Long Duration Contracts (LDCs) for 3-6 months, following approval from the Petroleum and Natural Gas Regulatory Board (PNGRB)

IGX AND CEGH sign MOU to enhance Natural and Renewable Gas Markets
January 10, 2025

IGX and Central European Gas Hub AG (CEGH) have announced the signature of a MoU to explore collaborative opportunities in natural gas and renewable gases trading

Advertisement Space — Coming Soon


GAIL signs long-term charter contract with "K" LINE for LNG ship
November 29, 2024

GAIL (India) Limited has signed a long-term time charter contract with Kawasaki Kisen Kaisha, Ltd. ("K" LINE) through the ship-owning company established in Singapore for a new-built LNG ship

GAIL signs 10-year agreement with ADNOC Gas for delivery of upto 0.52 MMTPA LNG
November 24, 2024

GAIL (India) Limited has signed a 10-year Sales and Purchase Agreement (SPA) with ADNOC Gas for the delivery of up to 0.52 million metric tonnes per annum (MMTPA) of liquified natural gas (LNG), starting in 2026

ADNOC Signs HOA with IndianOil for Ruwais LNG Project
September 10, 2024

On 10th September 2024, ADNOC announced the signing of a long-term Heads of Agreement (LNG agreement) with Indian Oil Corporation Ltd (IndianOil), India's largest integrated and diversified energy company, for the delivery of 1 million metric tonnes per annum (mmtpa) of liquefied natural gas (LNG)

GAIL and RRVUNL come together for promoting clean power in Rajasthan
August 8, 2024

GAIL (India) Limited and Rajasthan Rajya Vidyut Utpadan Nigam Limited (RRVUNL) have joined hands to optimise the operations of RRVUNL's gas based power plants in Rajasthan. A Non binding Memorandum of Understanding (MoU) for this has been signed

Advertisement Space — Coming Soon


GAIL enters 14-year time charter with CoolCo for newly built LNG carrier
May 16, 2024

GAIL (India) Limited has entered into a 14-year Time Charter Party with Cool Company Ltd, a pure play LNG shipping company, for a newbuild LNG carrier

Vitol and GAIL Sign Long Term LNG Supply Deal into India
January 5, 2024

GAIL (India) Limited and Vitol Asia Pte Ltd, have announced the signing of a Long Term LNG deal into India for a supply of approximately one million metric tons of LNG per annum for a period of about 10 years, commencing 2026

ADNOC Gas Announces 14-year LNG Supply Agreement with IOCL
July 18, 2023

ADNOC Gas plc, a world-class integrated gas processing company, has announced a 14-year supply agreement with Indian Oil Corporation Ltd (IOCL) for the export of up to 1.2 million metric tonnes per annum (mmtpa) of liquefied natural gas (LNG) to India's largest integrated and diversified energy company. The agreement, valued in the range of $7 billion to $9 billion over its 14-year term, signifies a major step forward in the partnership between the two industry leaders

MOL and GAIL to Strengthen Partnership
December 21, 2022

Mitsui O.S.K. Lines, Ltd.(MOL) and GAIL (India) Limited, through a wholly owned MOL subsidiary have signed a time charter contract for a newbuilding LNG carrier and a joint ownership of an existing LNG carrier

Advertisement Space
Coming Soon