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Germany's mega-deal with Norway to replace Russian gas [Gas in Transition]

Undoubtedly the long-term nature of the new deal increases security of Germany’s gas supplies significantly and reduces reliance on LNG imports and the spot market, which are subject to market volatility and higher prices. It is a return to supply stability.

Norway , Germany , Russia , German , Russian , Energy-for-europe-gmb , Securing-energy , Europe-gmbh , Gas-supply-deals , Gas-trading-hubs , Energy-costs

India cuts domestic gas prices for January

The prices are now set as per a new formula announced earlier in the year.

India , Gas-trading-hubs , Economist , Natural-gas , United-kingdom , Gas-price , Henry-hub , Kirit-parikh , Oil-ministry ,

India hikes domestic natural gas price by 7%

The price has been increased to $9.20/mn Btu from $8.60/mn Btu in September.

India , Gas-trading-hubs , Economist , Natural-gas , United-kingdom , Gas-price , Henry-hub , Kirit-parikh , Oil-ministry ,

India's new gas pricing regime balances interest of consumers, producer

As per the new formula, the price of the gas produced domestically will be 10% of the monthly average of the Indian crude basket and notified on a monthly basis.

Kirit-parikh , Gas-trading-hubs , Economist , C-rangarajan-committee , Gas-consumers , Ahmedabad , Transportation-sector , Rangarajan-committee , Ongc , Indian-government , Karnataka

India announces revised gas pricing regime

The new formula will lead to a drop in piped natural gas and compressed natural gas prices.

India , Russia , United-kingdom , Kirit-parikh , National-balancing-point-united-kingdom , Oil-india , National-balancing-point , Gas-trading-hubs , Economist , Natural-gas , Albena

Revised gas pricing norms could cut domestic CNG, PNG prices by 9-11%: Report

The Union Cabinet on Thursday approved new gas pricing guidelines, paving the way for linking natural gas prices in India to global crude prices.The Cabinet also approved a floor price of $4 per mmBtu and a ceiling of $6.50 per mmBtu under the Administered Price Mechanism.

Ukraine , Russia , Oman , Dubai , Dubayy , United-arab-emirates , India , United-kingdom , British , Naveen-vaidyanathan , Joanne-gonsalves , Oil-india-ltd