Page 2 - Liquefied Natural Gas
MGL, Gujarat Gas: Analysts see some silver lining for downstream gas stocks
Analysts have lowered their earnings estimates, but have 'buy' recommendations for several stocks
 "MGL, Gujarat Gas: Analysts see some silver lining for downstream gas stocks")
High gas prices, energy security fears impede decarbonisation push
Europe is importing record volumes of liquefied natural gas (LNG) as gas from its top supplier Russia has been disrupted following the Ukraine crisis
 "High gas prices, energy security fears impede decarbonisation push")
India turns to expensive foreign gas to ease its power supply crunch
While natural gas makes up just a small portion of India's power mix, a scarcity of coal and hot weather has triggered scheduled blackouts, threatening to upend the economy
 "India turns to expensive foreign gas to ease its power supply crunch")
Russia-Ukraine crisis: A lack of gas storage infra may come to haunt India
The lack of storage infrastructure will weaken India's energy security and delay the transition to clean fuel
 "Russia-Ukraine crisis: A lack of gas storage infra may come to haunt India")
Global natural gas shortage worsens as India, Indonesia join the hunt
Indian Oil Corp. and Gujarat State Petroleum Corp. have recently bought spot cargoes of liquefied natural gas after being absent from the market for months, according to traders
 "Global natural gas shortage worsens as India, Indonesia join the hunt")
Around 7 bcm of LNG reserves likely to rein in fuel price volatility
Estimate based on similar proportion of reserves in developed countries
 "Around 7 bcm of LNG reserves likely to rein in fuel price volatility")
Asia LNG prices slip below $30/mmBtu as supply improves in Europe
SINGAPORE (Reuters) - Asia liquefied natural gas (LNG) prices fell for a third straight week, as improved gas supply in Europe reduced the competition for LNG in Asia, though losses were limited by fresh demand from Pakistan and Turkey.
 "Asia LNG prices slip below $30/mmBtu as supply improves in Europe")
Maharashtra gets India's first floating LNG storage and regasification unit
The LNG terminal is located at JSW Jaigarh Port in Ratnagiri district. The port is the first deep water, 24x7 operational private port in Maharashtra
 "Maharashtra gets India's first floating LNG storage and regasification unit")
Gas-fired stocks to charge ahead as demand for cleaner fuels rises: Experts
Rising availability and demand for cleaner fuels will aid growth
 "Gas-fired stocks to charge ahead as demand for cleaner fuels rises: Experts")
Asia thirst for liquefied natural gas is disrupting Europe's market
Even with its numerous pipeline-supply options, Europe's import dependency is rising amid falling domestic production due to aging fields in the North Sea
 "Asia thirst for liquefied natural gas is disrupting Europe's market")
Global spot LNG prices have come back to affordable levels: Petronet LNG
The company is India's largest LNG importer and is aiming for more long-term deals in the next 10 to 15 years, says it CEO
 "Global spot LNG prices have come back to affordable levels: Petronet LNG")
India set to attract Rs 10,000 cr for 1,000 LNG stations in three years
As a first step towards this, 50 stations were launched on Thursday on the Golden Quadrilateral
 "India set to attract Rs 10,000 cr for 1,000 LNG stations in three years")
Shell plans to slash value of its oil & gas assets by up to $22 billion
The writedown announcement came after Shell cut its forecast for energy prices into 2023 on expectations that sales will only recover slowly after the pandemic
 "Shell plans to slash value of its oil & gas assets by up to $22 billion")
GAIL, Adani, Petronet LNG join IGX; gas price of $4.07 per unit discovered
Launched on Monday, the platform - set up by the Indian Energy Exchange - has so far traded 100 mmBtu gas.
 "GAIL, Adani, Petronet LNG join IGX; gas price of $4.07 per unit discovered")
PNGRB likely to extend deadline by at least 3 months for city gas players
With the completion of the tenth round, the CGD network will be available in 228 GAs, comprising 402 districts spread over 27 states and Union Territories
 "PNGRB likely to extend deadline by at least 3 months for city gas players")
India set to import record LNG volumes as spot prices slump on virus impact
The country's annual LNG imports is expected to rise by 10%-15% this year, said Poorna Rajendran of consultancy firm FGE
 "India set to import record LNG volumes as spot prices slump on virus impact")
Gail India issues tender to buy and sell LNG cargoes, says report
It offered cargoes from the Cove Point plant in the United States on a free-on-board basis loading on March 20-22, April 25-27 and May 25-27
 "Gail India issues tender to buy and sell LNG cargoes, says report")
Total SA to buy 37.4% stake in Adani Gas for nearly Rs 5,700 crore
The deal will be the largest foreign direct investment in India's city gas distribution
 "Total SA to buy 37.4% stake in Adani Gas for nearly Rs 5,700 crore")
Dispute-hit Mundra LNG terminal to be commissioned by Dec: Report
The terminal was mechanically completed in mid-2018 and was inaugurated by Prime Minister Narendra Modi
 "Dispute-hit Mundra LNG terminal to be commissioned by Dec: Report")
Near-term concerns outweigh GAIL's attractive valuations, growing network
Street worried over the proposal to restructure the company, profitability of petrochemicals business and placement of high-priced US contracts
