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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 >
Mumbai: The ministry of petroleum and natural gas on Wednesday identified 18 vessels trapped in war-torn Persian Gulf for speedy evacuation. According to the report submitted by directorate of shipping in Mumbai, five of these 18 vessels are Indian-flagged. These 18 vessels include four LPG carriers, three LNG carriers and 11 crude oil tankers. As per the report the ministry of ports, shipping & waterways (MoPSW), directorate of naval operations (DNO), the ministry of petroleum and natural gas ...Read More >
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 >
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 >
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 >
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 >
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 >
Gail (India) jumped 5.71% to Rs 153.55 after the company said that it 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, a Singapore based affiliate of Alpha Gas. The LNG carrier Energy Fidelity, with a cargo capacity of 174,000 cubic meters, is equipped with two-stroke propulsion system, complemented by advanced air lubr ...Read More >
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 >
(RTTNews) - Indian shares opened on an upbeat note on Wednesday after the U.S. and Iran agreed to a two-week ceasefire, contingent on reopening the Strait of Hormuz, sending oil prices crashing. The benchmark BSE Sensex was up 2,758 points, or 3.7 percent, at 77,374 in early trade ahead of the RBI's monetary policy decision later in the day. The broader NSE Nifty index soared 802 points, or 3.5 percent, to 23,925. Airline IndiGo traded nearly 10 percent higher as crude prices plunged below $10 ...Read More >
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 >
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 >
Indian LPG tankers in Hormuz: India got some relief on Monday as two more Indian-flagged LPG tankers safely crossed the conflict-hit Strait of Hormuz and continued their journey towards Indian ports. Officials said Green Sanvi is carrying 46,650 tonnes of cargo and is likely to reach an Indian port on April 7. Another ship, Green Asha, is carrying 15,500 tonnes and is expected to arrive on April 9. At a briefing, Mukesh Mangal, Additional Secretary in the Ministry of Ports, Shipping & Waterways ...Read More >
Mumbai: Two Indian-flagged LPG tankers, Green Sanvi and Green Asha, have safely crossed the Strait of Hormuz. Green Sanvi, carrying 46,650 tonnes of LPG, will reach India on April 7. Green Asha, with 15,500 tonnes, is expected to arrive on April 9. Officials said operations remain safe despite tensions. Total Eight Tankers Cross So Far With this, eight Indian LPG tankers have now crossed the strait safely. Earlier, vessels like BW TYR, BW ELM, Pine Gas, Jag Vasant, MT Shivalik and MT Nanda Dev ...Read More >
At least eight Indian ships have so far exited the Strait of Hormuz amid Iran war New Delhi: Iran has said that its "Indian friends" don't need "to worry" about the Strait of Hormuz, a key shipping route that has been disrupted since Israel and the United States attacked Tehran on February 28. "Our Indian friends are in safe hands, no worries," the Embassy of Iran in India said in a post on X on Thursday. Iran controls the Strait of Hormuz, a shipping route through which 20 per cent of the w ...Read More >
New Delhi: Amid Iran's blockade and disruption in the Strait of Hormuz, triggered by the war with the US and Israel, Iran reassured India that its interests remain protected. As tensions escalated sharply in the Gulf region, the Iranian Embassy issued a calming message for "Indian friends." "Our Indian friends are in safe hands, no worries," the Embassy of Iran in India wrote on X on Thursday. A similar message was shared by the Iranian Embassy in Saudi Arabia, asserting that "ONLY Iran and O ...Read More >
New Delhi: Nineteen vessels carrying energy supplies for India are currently stranded near the Strait of Hormuz, Rajesh Kumar Sinha, Special Secretary in the Ministry of Ports, Shipping and Waterways, said. Of these, 10 are foreign-flagged vessels transporting cargo meant for India, while nine are Indian-flagged ships loaded with energy supplies. Addressing the media at an inter-ministerial press briefing on West Asia, Sinha said, "There are three vessels carrying LPG. They're all flying foreig ...Read More >
New Delhi/Mumbai: Two India-flagged tankers hauling liquefied petroleum gas (LPG) arrived in the country after being cleared by Iran to transit the strategic Strait of Hormuz, even as two additional carriers, the BW Tyr and BW Elm, began their journey through the waterway on Saturday, officials aware of the matter said. According to the officials, the Jag Vasant, a 230-metre-long ship, dropped anchor around 8 pm on Friday at Vadinar, a terminal of the state-run Deendayal Port Authority (DPA), p ...Read More >
Mumbai, March 31: At least 28 ships carrying critical energy supplies for India remain stranded in the Persian Gulf as the conflict in West Asia continues to paralyse the Strait of Hormuz. According to the Ministry of Ports, Shipping, and Waterways, the stranded fleet consists of 18 Indian-flagged vessels and 10 foreign-flagged ships, all carrying essential cargoes of crude oil, liquefied petroleum gas (LPG), and liquefied natural gas (LNG). Rajesh Kumar Sinha, Special Secretary in the Ministry ...Read More >
New Delhi, Mar 30 (PTI) As many as 19 ships with LPG, crude oil and LNG meant for India are currently stranded in the Strait of Hormuz due to the escalating war in West Asia. At an inter-ministerial briefing on the fallout of developments in West Asia, Rajesh Kumar Sinha, Special Secretary in the Ministry of Ports, Shipping, and Waterways, said 10 foreign-flagged vessels with energy cargo for India are currently stranded. These include 3 vessels with LPG, four crude oil tankers and three lique ...Read More >
NEW DELHI: In a dramatic turn of events, Canadian PM Mark Carney called PM Modi and invited him for the G7 summit that begins eight days from now at Kananaskis in Alberta. Modi accepted the invitation and said he was looking forward to meeting him at the summit.The announcement by Modi on X followed almost a week of suspense over his participation because of a lack of invitation, drawing barbs from the opposition about his possible exclusion from the summit. India is not a member of G7 but Modi ...Read More >
GAIL (India) Ltd GAIL has re-sold one liquefied natural gas (LNG) cargo this week, said three market sources on Friday, as the state-run firm's storage tanks for the fuel are full amid weak power demand in India. Fewer LNG imports by GAIL, the country's largest gas distributor, could reduce India's overall appetite for the super-chilled fuel. India is the world's fourth largest LNG buyer, importing about 26 million metric tons last year as it goes through rapid urbanisation and industrialisatio ...Read More >
SINGAPORE, June 6 (Reuters) - GAIL (India) Ltd (GAIL.NS), opens new tab has re-sold one liquefied natural gas (LNG) cargo this week, said three market sources on Friday, as the state-run firm's storage tanks for the fuel are full amid weak power demand in India. Fewer LNG imports by GAIL, the country's largest gas distributor, could reduce India's overall appetite for the super-chilled fuel. India is the world's fourth largest LNG buyer, importing about 26 million metric tons last year as it go ...Read More >
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