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Qatar slashes gas price for India, waives penalty

Qatar slashes gas price for India, waives penalty

The price as per the revised formula will come to USD 6-7 per million British thermal unit as against USD 12-13 per mmBtu currently.

India asks Qatar to lower LNG price to match global slump

India buys 7.5 million tonnes a year of LNG on a long-term 25 year contract, indexed to a moving average of crude oil price.

GSPC seeks $14.2 per mmBtu price for KG basin gas

This price, the firm said, was arrived at through an arms length price discovery exercise it carried out for over a month with supervision of a neutral third party auditor.

GSPC takes cue from RIL, seeks LNG price of KG gas

Gujarat State Petroleum Corp Ltd (GSPC) wants to price gas that it will produce from Deen Dayal West (DDW) gas field in block KG-OSN-2001/3 by third quarter of 2013, at a minimum of USD 8.50 per million British thermal unit, excluding local taxes and margin.

India rejects Qatar price for LNG

India has rejected the price that Qatar is seeking for supplying additional 5 million tons a year of liquefied natural gas, saying that domestic consumers cannot afford the rate the world's largest LNG exporter is asking for.

BP wants imported LNG price for KG-D6 gas

BP last year bought 30 percent stake in 23 oil and gas blocks of RIL.

Fertliser, power firms to pay $5.5 bn more for imported LNG

Fertiliser, power and other firms may have to pay an astronomical USD 5.5 billion (Rs 2.5 lakh crore) more for imported LNG from 2014 because of certain price changes Petronet LNG (PLL) had agreed to some years ago.