Reliance Industries is likely to start supply of natural gas from KG-D6 basin from April this year, helping the country to reduce its gas import bill and satisfying its energy needs. The gas obtained from RIL would be used for household needs and transport sector, supplying gas through pipelines first time in the country.

Union Petroleum Minister, Murli Deora said, "It has been decided to supply the first 40 million standard cubic meters per day of gas to meet the shortfall of exiting gas-based urea plants, LPG plants and power plants."

New Delhi, Feb. 18 : During the upcoming International Engineering and Technology Fair (IETF) 2009, South African company `Sasol' will be showcasing technology to convert coal into gas and liquid forms.

This technology can be harnessed to meet India's energy requirement, said the country''s High Commissioner to India, Sehloho Francis Moloi.

Addressing a press conference organised by the Confederation of Indian Industry (CII) to announce the 18th edition of IETF 2009, Moloi further stated: "South Africa's partnership during IETF 2009 is aimed towards achieving bilateral trade target of 12 billion dollars by

Vienna - The price for oil produced by the Organization of the Petroleum Exporting

Moscow - Russia opened its first liquefied natural gas (LNG) plant Wednesday on the Pacific coast in a bid to reach new clients in Asia and the continental United States.

Russian President Dmitry Medvedev and Japanese Prime Minister Taro Aso attended the ribbon-cutting ceremony for the plant based on Russia's Sakhalin Island only about 160 kilometres from Japan's northern island of Hokkaido.

"It's a wonderful day, we have launched a large-scale project," Medvedev was quoted by Interfax as saying boisterously. "For us, especially, this is a new direction in our country's eastern policy."

Vienna  - The price for oil produced

Vienna - The price for crude oil produced by the Organization of the Petroleum Expo