Energy Sector

India offers 10 pc stake to Qatar in State-run Petronet

India offers 10 pc stake to Qatar in State-run PetronetUnion Petroleum Minister, Murli Deora met Qatari deputy premier and energy minister, Abdullah Bin Hamad Al-Attiyah in New Delhi and discussed various issues of bi-lateral importance, including energy import and co-operation.

Mr. Deora set a proposal to offer 10 per cent stakes to Qatar in state run liquefied natural gas producer, Petronet LNG Ltd. Mr. Deora said, "This is a proposal that we made and in turn we will get a stake in RasGas. Qatar has been our most trusted and reliable friend and we hold this friendship in high esteem."
 

Americans eager to reduce their energy use, reveals survey

US condemns rocket attacks from Lebanon into Israel Washington , Jan 15 : A national survey conducted by Yale and George Mason universities in the Us has revealed that many Americans have already taken action to reduce their energy use and many others would do the same if they could afford to.

Roughly half of the 2,164 American adults surveyed last September and October said they had already taken important steps to make their homes more energy-efficient, and a substantial number - between 10 and 20 percent - said they planned to take action over the next year.

Ukraine government at odds over new talks in gas dispute

Moscow/Kiev  - Ukraine's government is divided by internal differences over entering new talks with Russia to end the gas delivery impasse, news reports said Thursday.

Prime Minister Yulia Tymoshenko was quoted as saying by the Interfax news agency that a new round of talks on resuming gas transit to the European Union was scheduled for Saturday in Moscow.

However, President Viktor Yushchenko on Wednesday evening rejected the Kremlin's invitation a crisis summit with all gas-importing countries on Saturday as not suitable.

Irreparable harm and injury’ being faced by RIL

Irreparable harm and injury’ being faced by RIL It was recently informed by Reliance Industries (RIL) that it is facing "irreparable harm and injury." The blame for it is being put on a resource crunch caused by investments into the Krishna-Godavari basin.

The company said that if Anil Ambani group wins the case then RIL is ready to re-route gas to Anil Ambani group.

Qatar to increase LNG supply to India

Qatar to increase LNG supply to IndiaIndia would get additional quantity of liquefied natural gas (LNG) from Qatar in the first six months of 2009. The country is likely to get six cargoes from February this year.

The Oil minister of Qatar, Abdullah bin Hamad al-Attiyah said that his country would supply 7.5 million metric tons of gas per year instead of 5mn tons a year, it is currently offering.

Ukraine makes Russia hard offer on Europe shipment volumes

Ukraine makes Russia hard offer on Europe shipment volumesKiev  - Ukraine's natural gas monopoly Naftogaz Ukrainy on Wednesday made Russia a detailed offer on Europe energy shipments, suggesting an immediate return to pre-crisis volumes.

Russia would, according to the terms of the proposal, send into Ukraine's national pipeline network 318 million cubic metres of gas daily, with 296 million cubic metres reaching European customers.

The difference, some 22 million cubic metres, would be used by Ukraine's pipeline system to maintain pressure.

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