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Deepak Fertilisers said that it had entered into a long-term supply agreement for liquefied natural gas (LNG) with Equinor, an international energy company headquartered in Norway. This agreement is for annual supplies of up to 0.65 million tonnes of LNG over 15 years, beginning in 2026. Get more Stocks News and Business News on Zee Business.
(Bloomberg) -- Shell Plc said that demand for liquefied natural gas by 2040 will be slightly lower than previously forecast as the world is preparing for life beyond fossil fuels. Most Read from BloombergMusk Says Putin Can’t Lose in Ukraine, Opposes Senate BillStanChart Weighs Break Up of Corporate, Investment BankThe Brutal Reality of Plunging Office Values Is HerePutin Seeks Revenge on a World Order He Once Wanted to JoinRetail Traders Are Losing Billions in India’s Booming Options MarketThe
Though European gas prices have tumbled 37% since November, Goldman Sachs says that's due to demand destruction, and structural headwinds remain.
Bangladesh is going through the worst gas supply shortfall in recent history
The GAIL stock gains on the announcement to trade over a percent higher at Rs 165.40 in the afternoon session