Tag: LNG

GAIL net profit falls 46 pc as Russian gas supply snag hurts petchem business

GAIL net profit falls 46 pc as Russian gas supply snag hurts petchem business

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GAIL said there was a disruption in liquefied natural gas (LNG) supplies by a former unit of Russia’s Gazprom GAIL said there was a disruption in liquefied natural gas (LNG) supplies by a former unit of Russia’s Gazprom State-owned gas utility GAIL (India) Ltd on Thursday reported a 46 per cent drop in its September […]

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Europe plan for floating gas terminals raises climate fears

Europe plan for floating gas terminals raises climate fears

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As winter nears, European nations, desperate to replace the natural gas they once bought from Russia, have embraced a short-term fix: A series of roughly 20 floating terminals that would receive liquefied natural gas from other countries and convert it into heating fuel. Yet the plan, with the first floating terminals set to deliver natural […]

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