What's New: Natural Gas
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GAIL MoU to develop a gas-based fertilizer project in ChhattisgarhDecember 23, 2025
The Government of Chhattisgarh and GAIL (India) Limited have joined hands for development of a greenfield gas-based fertilizer project in the State of Chhattisgarh
PNGRB's Unified Tariff revisionDecember 16, 2025
In a major consumer-centric reform to promote cleaner fuels, the Petroleum and Natural Gas Regulatory Board (PNGRB) has rationalised the unified tariff structure for natural gas transportation to encourage wider adoption of Compressed Natural Gas (CNG) and Piped Natural Gas (PNG)
Update on GOI measures to enhance natural gas availability for power generationDecember 11, 2025
Ministry of Petroleum & Natural Gas has provided update on measures to enhance the availability of natural gas for power generation
ONGC: End of Force Majeure in Area 1 Mozambique LNG ProjectNovember 12, 2025
Area 1 Mozambique LNG consortium has notified the Govt of Mozambique to end the Force Majeure due to improved security situation
HPCL signs a 10-Year LNG Purchase Agreement with ADNOC GasAugust 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
PLL's Land based R LNG Terminal of 5 MMTPA capacity at Gopalpur OdishaJuly 25, 2025
The Board of Directors of Petronet LNG Limited (PLL), in its meeting held on 25th July 2025, have accorded in principle additional investment approval for setting up of a 5 MMTPA land based LNG Terminal at Gopalpur, from earlier approval of 4 MMTPA Floating Storage and Regasification Unit (FSRU) based LNG terminal for an incremental project cost Rs. 4,048.8 crores (including taxes and duties)
Dabhol:First LNG Vessel Successfully Discharged During Monsoon SeasonJune 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 AgreementApril 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 gasApril 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
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 IndiaFebruary 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 ContractsJanuary 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 MarketsJanuary 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
GAIL signs long-term charter contract with "K" LINE for LNG shipNovember 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 LNGNovember 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 ProjectSeptember 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 RajasthanAugust 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
GAIL enters 14-year time charter with CoolCo for newly built LNG carrierMay 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 IndiaJanuary 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 IOCLJuly 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
Cabinet approves revised domestic gas pricing guidelinesApril 6, 2023
The Cabinet Committee on Economic Affairs has approved the revised domestic natural gas pricing guidelines for gas produced from nomination fields of ONGC/OIL, New Exploration Licensing Policy (NELP) blocks and pre-NELP blocks, where Production Sharing Contract (PSC) provides for Government's approval of prices
MOL and GAIL to Strengthen PartnershipDecember 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
