India’s Reliance Industries reports mixed oil and natural gas earnings and gives quarterly gas prices analysis
India’s Reliance Industries, the group with growing natural gas and oil and chemicals businesses, reported increased overall fiscal first-quarter revenues while net income slipped amid moves to boost the nation’s domestic output with more exploration and production to offset LNG and oil imports.
Indian LNG imports surge by more than 20 percent on lower prices from a year ago and higher domestic demand
Indian liquefied natural gas imports surged by more than 20 percent last month helped by lower prices and higher domestic gas demand while gas output offshore the Bay of Bengal also increased.
Indian LNG imports decline as gas demand falls while prices have risen by 55 percent in fiscal year so far
Indian liquefied natural gas imports continued their 2022 decline as rising cargo costs stemmed demand in West Asia and the Indian economy showed signs of slowing as natural gas demand was flat in industrial sectors.
Indian LNG imports plunge by 19 percent because of slowing economy, tighter gas market and falling rupee
Indian liquefied natural gas imports have plunged by 19 percent amid a continued 2022 decline in the nation’s LNG deliveries because of a slowing economy, a tighter gas market and the falling value of the rupee against the dollar that makes shipments more expensive.
Indian LNG imports drop for ninth month in a row as higher prices curb demand and domestic output rises
Indian imports of liquefied natural gas dropped for a ninth straight month, though the rate of decline slowed to 3.5 percent even as LNG prices increased while the fall in cargo deliveries was offset by another rise in domestic gas output.
Indian LNG deliveries drop again amid high costs while domestic gas output rises and Punjab pipeline opens
Shipments of LNG to India dropped for an eighth straight month during April, falling by over 13 percent as costs jumped and rising domestic natural gas production prevented gas shortages while GAIL India also increased pipeline network connections in Punjab.
Indian LNG imports plunge for second month by 20 percent and are partly offset by East Coast domestic gas
Indian liquefied natural gas imports plunged over 20 percent for a second successive month as the costs of LNG shipments soared, though falling volumes were again offset by offshore domestic natural gas pipeline supplies on the East Coast.
Indian LNG imports jump along with domestic gas output as nation emerges from worst of pandemic
Indian liquefied natural gas imports last month surged more than 9 percent along with domestic natural gas production, up more than 19 percent, as economic activity proved to be more resilient as the nation emerged from the worst of the Covid-19 pandemic.
McDermott completes gas field work for LNG importer India with several offshore firsts for deep-water venture
McDermott International, the Houston-based LNG and energy engineering company said it had completed work on the Reliance Industries-operated Satellite Cluster natural gas field in the Krishna Godavari Basin offshore the Indian East Coast to provide more supplies for the LNG importing nation.
India’s seventh LNG facility at Jaigarh will import 4 MTPA and plans trucking-loading and bunker expansion
H-Energy of India, whose chartered floating storage and regasification unit (FSRU) is currently deployed as the seventh LNG Indian import terminal at the West Coast port of Jaigarh in the state of Maharashtra, said the facility would be importing up to 4 million tonnes per annum by 2022 and more after that for truck-loading and bunkering.
