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Abtak.com - Business - News Image
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15
BusinessApr 09, 2026 06:34 PM

Hardeep Puri In Qatar For 2 Days: Why The Visit Matters

India imports 50 per cent of its LNG stocks from the international market. New Delhi: Union Petroleum and Natural Gas Minister Hardeep Singh Puri is on a two-day visit to Qatar today and tomorrow amid concerns over energy supplies triggered by the Iran war. Why his visit matters India imports 50 per cent of its LNG stocks from the international market, oil economist Kirit Parikh said. Out of this, 40 per cent stocks are sourced from Qatar. However, much of India's imports have been severely ...Read More >

NewsDrum - Business - News Image
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19
BusinessApr 09, 2026 06:05 PM

Puri heads to Qatar amid energy supply disruptions

New Delhi, Apr 9 (PTI) Oil Minister Hardeep Singh Puri will undertake a two-day visit to Qatar, India's largest supplier of liquefied natural gas and cooking gas LPG, which had halted supplies following the outbreak of the conflict in the Middle East. The visit on April 9-10 follows a tentative US-Iran ceasefire that has rekindled hopes of resumption of energy supplies from the region. "Union Minister for Petroleum & Natural Gas, Shri Hardeep S Puri, will be on an official visit to the State o ...Read More >

Social News XYZ - Business - News Image
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27
BusinessApr 09, 2026 12:22 PM

Petroleum Minister Puri to visit Qatar to discuss LNG supply amid West Asia crisis

New Delhi, April 9 (SocialNews.XYZ) Union Petroleum and Natural Gas Minister Hardeep Singh Puri is set to visit Qatar between April 9 and April 10 to discuss liquefied natural gas (LNG) supplies amid disruptions triggered by the ongoing Iran conflict, the ministry said on Thursday. In a post on X, the Ministry said, "Union Minister for Petroleum & Natural Gas, Hardeep S. Puri, will be on an official visit to the State of Qatar on April 9-10, 2026." India has been ensuring adequate gas availabi ...Read More >

Abtak.com - Business - News Image
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13
BusinessApr 09, 2026 08:34 AM

US-Iran ceasefire set to ease pressure on India's energy supplies

India's energy outlook improves as a ceasefire between Iran and the US brings down crude oil prices. The critical Strait of Hormuz is reopening, easing concerns over energy imports. India had faced supply disruptions for LPG and natural gas. Efforts are underway to free stranded Indian vessels. New Delhi, India's energy outlook brightened on Wednesday after a fragile ceasefire between Iran and the US triggered a sharp drop in crude prices and reopened hopes of supply normalization through the w ...Read More >

Abtak.com - Business - News Image
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27
BusinessApr 09, 2026 08:34 AM

Centre raises fertilizer subsidy for kharif season

Amid concerns of a possible increase in fertilizer prices on account of the situation in West Asia, the Union Cabinet here on Monday approved an increase of about 12% in nutrient-based subsidy for Phosphatic and Potassic (P&K) fertilizers for the ongoing kharif crop season. Effective April 1 and up to September 30 this year, the tentative budgetary requirement for the subsidy will be ₹ 41,533.81 crore. "This is approximately ₹4,317 crore more than the budgetary requirement for kharif 2025 sea ...Read More >

Abtak.com - Politics - News Image
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11
PoliticsApr 09, 2026 05:31 AM

India welcomes US-Iran ceasefire, calls for free navigation through Hormuz

In an official statement, the Ministry of External Affairs said it has consistently advocated for de-escalation, stressing that "dialogue and diplomacy are essential to bring an early end to the ongoing conflict." The government underscored the broader humanitarian and economic impact of the conflict, noting that it has caused "immense suffering" and disrupted global energy supplies and trade networks. India reiterated its long-standing position that peaceful resolution through diplomatic chan ...Read More >

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PoliticsApr 09, 2026 05:09 AM

India hails US‑Iran truce, calls for lasting West Asia peace

New Delhi, April 8: India on Wednesday welcomed a two-week ceasefire between the US and Iran and called for "de-escalation, dialogue and diplomacy" to ensure lasting peace in West Asia. New Delhi also expected unimpeded freedom of navigation and global flow of commerce through the Strait of Hormuz, the strategically key waterway between the Persian Gulf and the Gulf of Oman that handles roughly 20 per cent of global oil and LNG (Liquefied Natural Gas). "We welcome the ceasefire reached and hop ...Read More >

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31
BusinessApr 09, 2026 03:48 AM

India may pull LNG from Atlantic despite ceasefire

Mumbai, 8 April (Argus) -- Indian LNG importers may still need to bid for uncommitted LNG cargoes from the Atlantic despite a ceasefire agreed between the US and Iran. Indian LNG importers are issuing a series of spot LNG tenders this week as global prices softened with weaker demand emerging out of Europe and other parts of Asia, which in turn may lead to shippers diverting their uncommitted Atlantic cargoes to India. Indian state-run refiner IOC has raised a total of two spot LNG tenders for ...Read More >

Ommcom News - Business - News Image
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29
BusinessApr 08, 2026 08:29 PM

Govt Hikes Natural Gas Supply To Fertiliser Units As Gulf Situation Eases | Nation

New Delhi: The government announced on Wednesday that, based on available inventory and scheduled LNG cargo arrivals, the overall gas allocation to fertiliser plants is being further enhanced by 5 per cent to reach approximately 95 per cent of their six-month average consumption, with effect from April 9. The announcement comes in the wake of the ceasefire between the US and Israel, which is expected to open up the Strait of Hormuz for ships stranded in the Persian Gulf to sail through with the ...Read More >

NewsDrum - Politics - News Image
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34
PoliticsApr 08, 2026 08:11 PM

India welcomes US-Iran ceasefire; calls for freedom of navigation in Strait of Hormuz

New Delhi, Apr 8 (PTI) India on Wednesday welcomed the two-week ceasefire between the US and Iran and called for unimpeded freedom of navigation and flow of commerce through the Strait of Hormuz, while hoping that lasting peace will return to West Asia. New Delhi said it continuously advocated that dialogue and diplomacy are essential to bring an early end to the hostilities. The conflict was triggered by US-Israeli strikes against Iran on February 28. India's reaction came hours after Iran an ...Read More >

dtnext.in - Politics - News Image
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17
PoliticsApr 08, 2026 06:15 PM

West Asia conflict: India welcomes ceasefire between Iran and US

NEW DELHI: India on Wednesday welcomed a two-week ceasefire between the US and Iran and called for "de-escalation, dialogue and diplomacy" to ensure lasting peace in West Asia. New Delhi also expected unimpeded freedom of navigation and global flow of commerce through the Strait of Hormuz, the strategically key waterway between the Persian Gulf and the Gulf of Oman that handles roughly 20 per cent of global oil and LNG (Liquefied Natural Gas). "We welcome the ceasefire reached and hope that it ...Read More >

Abtak.com - Business - News Image
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13
BusinessApr 08, 2026 04:34 PM

Why India-bound Iran oil shipment rerouted mid-voyage to China? Centre explains

An Iran-bound crude shipment that was initially headed for India changed course mid-voyage and began moving towards China, sparking speculation that payment issues or sanctions-related hurdles may have forced the diversion. Now, the ministry of petroleum and natural gas stepped in to clarify that there are no payment problems calling such claims "factually incorrect." The reports of a possible fallout came after ship-tracking firm Kpler said that the Aframax tanker Ping Shun -- which had initia ...Read More >

Abtak.com - Business - News Image
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19
BusinessApr 08, 2026 03:34 PM

GAIL signs long-term charter party agreement for LNG carrier with Alpha Gas

A view of the Gas Authority of India Limited. Kesavan A N 1612@Chennai Expanding on their collaborations for liquified natural gas (LNG) charter fleet, state-owned Gas Authority of India Ltd (GAIL) Tuesday inked a long-term charter party agreement with Greek shipping management company Alpha Gas for their LNG carrier 'Energy Fidelity'. The LNG carrier holds a cargo capacity of 174 thousand cubic metres. The charter would be executed between the Indian state-owned gas major and Singapore-based ...Read More >

LatestLY - Business - News Image
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36
BusinessApr 08, 2026 02:25 PM

Business News | GAIL Signs Long-term LNG Carrier Deal with Greek Shipping Major Alpha Gas to Strengt...

New Delhi [India], April 8 (ANI): GAIL (India) Limited has signed a long-term charter party agreement with Alpha Gas for an LNG carrier, marking a significant step towards strengthening India's energy supply chain and maritime capabilities. The agreement was executed between GAIL and Pantheon Maritime Services Private Limited, a Singapore-based affiliate of Alpha Gas, for the LNG carrier "Energy Fidelity." Also Read | Rampur Shocker: Man Kills Wife During Heated Argument While Having S*x, Arre ...Read More >

Asianet News Network Pvt Ltd - Business - News Image
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BusinessApr 08, 2026 02:06 PM

GAIL signs long-term LNG carrier pact with Alpha Gas in major deal

GAIL (India) Limited signs a long-term charter agreement with Alpha Gas for the LNG carrier 'Energy Fidelity.' The pact aims to strengthen India's energy supply chain and maritime capabilities under the government's Maritime Amrit Kaal Vision 2047. GAIL (India) Limited has signed a long-term charter party agreement with Alpha Gas for an LNG carrier, marking a significant step towards strengthening India's energy supply chain and maritime capabilities. The agreement was executed between GAIL and ...Read More >

Asian News International (ANI) - Business - News Image
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BusinessApr 08, 2026 01:40 PM

GAIL signs long-term LNG carrier deal with Greek shipping major Alpha Gas to strengthen energy suppl...

New Delhi [India], April 8 (ANI): GAIL (India) Limited has signed a long-term charter party agreement with Alpha Gas for an LNG carrier, marking a significant step towards strengthening India's energy supply chain and maritime capabilities. The agreement was executed between GAIL and Pantheon Maritime Services Private Limited, a Singapore-based affiliate of Alpha Gas, for the LNG carrier "Energy Fidelity." The pact was signed by S Bairagi, Executive Director (Marketing - Shipping & Internation ...Read More >

apnnews.com - Business - News Image
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31
BusinessApr 08, 2026 12:15 PM

GAIL and Alpha Gas Sign a Long-Term Charter Party Agreement for an LNG Carrier - APN News | Authenti...

New Delhi : GAIL (India) Limited, a Maharatna Public Sector Undertaking, has entered into a long-term charter party agreement with Alpha Gas, a leading Greek shipping major, for the LNG carrier "Energy Fidelity." The charter party agreement was executed between GAIL and Pantheon Maritime Services Private Limited, a Singapore based affiliate of Alpha Gas. Shri S Bairagi, Executive Director (Mktg. - Shipping & International LNG), GAIL (India) Limited, and Ms. Anna Angelicoussis, Owner of Alpha Ga ...Read More >

Free Press Journal - Business - News Image
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23
BusinessApr 08, 2026 10:57 AM

GAIL Signs Long-Term LNG Carrier Charter With Alpha Gas To Boost Energy Supply Chain By 2026

New Delhi: GAIL (India) Limited has taken a significant step toward strengthening its LNG logistics network through a strategic shipping agreement with a global maritime player. GAIL (India) Limited has entered into a long-term charter party agreement with Alpha Gas, a leading Greek shipping company, for the LNG carrier "Energy Fidelity." The agreement was executed with Pantheon Maritime Services Private Limited, a Singapore-based affiliate of Alpha Gas. The signing took place in Athens, involv ...Read More >

Social News XYZ - Politics - News Image
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PoliticsApr 08, 2026 10:19 AM

Crude oil prices tank up to 20 pc over Iran ceasefire announcement

New Delhi, April 8 (SocialNews.XYZ) Global crude oil prices on Wednesday plunged sharply up to 20 per cent, after US President Donald Trump announced a two-week ceasefire with Iran that includes a pledge to restore navigation through the Strait of Hormuz -- the narrow waterway at the heart of the world's most acute energy crisis in decades. The international benchmark Brent crude futures shed nearly 16 per cent or $17.39 to $91.88, hitting an intraday low, while US WTI crude declined almost 20 ...Read More >

Economic Times - Business - News Image
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BusinessApr 07, 2026 10:21 PM

GAIL signs long-term LNG carrier charter with Alpha Gas

New Delhi: GAIL (India) Ltd has signed a long-term charter agreement with Greece-based Alpha Gas for the liquefied natural gas (LNG) carrier Energy Fidelity, the state-run firm said on Tuesday. The agreement was executed with Pantheon Maritime Services, a Singapore-based affiliate of Alpha Gas, and was signed in Athens by senior officials from both companies, GAIL said in a statement. Also Read: Iran war: Natural gas pool set to release 7 mmscmd to priority sectors amid supply crunch The vess ...Read More >

NewsDrum - Business - News Image
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18
BusinessApr 07, 2026 06:18 PM

GAIL signs long-term LNG carrier charter with Alpha Gas

New Delhi, Apr 7 (PTI) GAIL (India) Ltd has signed a long-term charter agreement with Greece-based Alpha Gas for the liquefied natural gas (LNG) carrier Energy Fidelity, the state-run firm said on Tuesday. The agreement was executed with Pantheon Maritime Services, a Singapore-based affiliate of Alpha Gas, and was signed in Athens by senior officials from both companies, GAIL said in a statement. The vessel, with a capacity of 174,000 cubic metres, is equipped with advanced propulsion and fuel ...Read More >

The Times of India - Business - News Image
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17
BusinessApr 07, 2026 12:45 PM

17 India-bound vessels with LPG, LNG, crude await transit near Hormuz

NEW DELHI: Seventeen India-bound ships -- both Indian- and foreign-flagged -- carrying energy products are waiting on the west of the Strait of Hormuz. TOI has learnt that while four of these are loaded with LPG, three are carrying LNG and remaining 10 have crude oil loaded in them.So far, eight Indian vessels carrying LPG and another foreign-flagged ship carrying crude have crossed the conflict-hit strait to head to India since the war broke out. Green Sanvi carrying 46,500 tonnes of LPG and 25 ...Read More >

Profit by Pakistan Today - Business - News Image
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23
BusinessApr 07, 2026 09:55 AM

Oil prices again surpass $110 a barrel as Trump sharpens rhetoric on Iran - Profit by Pakistan Today

BENGALURU: Oil prices extended gains on Tuesday as U.S. President Donald Trump heightened his rhetoric against Iran, threatening stronger action if the country fails to reopen the Strait of Hormuz, a key global oil transit chokepoint. Brent crude futures rose 57 cents, or 0.5%, to $110.34 a barrel by 1202 GMT, while U.S. West Texas Intermediate crude futures were up $1.26, or 1.1%, at $113.67. Trump, has threatened to rain "hell" on Tehran if it fails to comply with his deadline of 8 p.m. EDT ...Read More >

Economic Times - Business - News Image
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26
BusinessApr 07, 2026 07:12 AM

Oil prices extend gains as Trump sharpens rhetoric on Iran

BENGALURU, - Oil prices extended gains on Tuesday as U.S. President Donald Trump heightened his rhetoric against Iran, threatening stronger action if the country fails to reopen the Strait of Hormuz, a key global oil transit chokepoint. Brent crude futures rose 57 cents, or 0.5%, to $110.34 a barrel by 1202 GMT, while U.S. West Texas Intermediate crude futures were up $1.26, or 1.1%, at $113.67. Trump, has threatened to rain "hell" on ⁠Tehran if ⁠it fails to comply with his deadline of 8 p.m. ...Read More >

Yahoo! Finance - Business - News Image
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15
BusinessApr 07, 2026 06:09 AM

Oil prices extend gains as Trump sharpens rhetoric on Iran

BENGALURU, April 7 (Reuters) - Oil prices extended gains on Tuesday as U.S. President Donald Trump heightened his rhetoric against Iran, threatening stronger action if the country fails to reopen the Strait of Hormuz, a key global oil transit chokepoint. Brent crude futures rose 57 cents, or 0.5%, to $110.34 a barrel by 1202 GMT, while U.S. West Texas Intermediate crude futures were up $1.26, or 1.1%, at $113.67. Trump, has threatened to rain "hell" on Tehran if it fails to comply with his dea ...Read More >

Abtak.com - Business - News Image
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24
BusinessApr 07, 2026 01:30 AM

2 LPG ships to arrive soon; 16 more Indian-flagged vessels wait across Hormuz

Nearly 1,800 Indian nationals have left Iran via Armenia and Azerbaijan since the start of the West Asia conflict, while two Indian-flagged carriers laden with 62,000 metric tonnes of LPG are expected to reach Indian ports this week after safely transiting the Strait of Hormuz, officials said on Monday. Indian nationals wishing to leave Iran have had to make their way to Armenia and Azerbaijan via land border crossings as Iranian airspace has been closed since the start of hostilities on Februa ...Read More >

Economic Times - Business - News Image
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29
BusinessApr 07, 2026 12:54 AM

India seeks 2.5 mt urea imports ahead of sowing season

New Delhi: India has issued a global tender for the import of 2.5 million tonnes of urea to bolster the reserves of the most-used soil nutrient ahead of the main planting season that begins in June. Indian Potash Ltd (IPL) issued the tender for bulk import of granular and prilled urea. It must be loaded onto a ship that must depart the export location before June 14, according to the tender issued on April 4. Urea imports in India are handled through a structured electronic bidding process run ...Read More >

ODISHA BYTES - Business - News Image
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22
BusinessApr 06, 2026 10:22 PM

Jindal Steel Sets Up World's First Coal Gasification DRI Plant, Uses Syngas To Counter Natural Gas, ...

New Delhi: Jindal Steel achieved a global first by establishing India's first coal gasification-based Direct Reduced Iron (DRI) plant, using syngas for iron-making. In response to shortages of natural gas, LPG and propane, Jindal Steel has successfully deployed syngas in galvanising and colour coating line furnaces, marking the first such application in the steel industry. Jindal Steel has also injected syngas into its blast furnace, reducing dependence on imported coking coal and lowering car ...Read More >

Economic Times - Business - News Image
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24
BusinessApr 06, 2026 07:08 PM

2 LPG tankers sail through Strait of Hormuz, 16 still stranded

New Delhi: Two more Indian-flagged LPG tankers have safely crossed the war-hit Strait of Hormuz and are headed for Indian ports even as 16 other vessels remain stranded in the Persian Gulf, officials said Monday. LPG vessel Green Sanvi carrying 46,650 tonnes of LPG is scheduled to reach Indian port on April 7 while Green Asha with 15,500 tonnes of cargo is scheduled to touch Indian coast on April 9, said Mukesh Mangal, Additional Secretary in Ministry of Ports, Shipping & Waterways at a news br ...Read More >

NewsDrum - Business - News Image
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9
BusinessApr 06, 2026 07:01 PM

Gas supply to fertiliser plants raised to 90% of demand

New Delhi, Apr 6 (PTI) Natural gas supplies to fertilizer plants have been raised to about 90 per cent of their requirement after oil companies procured liquefied natural gas (LNG) from spot market as part of a broader set of measures to manage fuel availability amid disruptions linked to the Strait of Hormuz situation, officials said. With the war in West Asia disrupting energy flows from the Gulf nations, the government initially restricted gas supply to fertiliser (urea) plants to about 60 p ...Read More >

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