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GAIL is India's major producer of propane, popularly known as GAIL Propane. It is an eco-friendly fuel and provides an effective way of reducing pollution and increasing productivity. GAIL produces and markets pentane. It is primarily being used for reprocessing into iso, normal and commercial pentane used in EPS, PU, and LAB industries.
The company started as a joint venture between GAIL, Bharat Petroleum and the Government of Delhi to implement a city gas distribution network. [ 3 ] The company went public in 2003, listing on the Bombay Stock Exchange and the National Stock Exchange .
HVJ an abbreviation for Hazira-Vijaipur-Jagdishpur (also known as HBJ where B stands for Bijeypur, another name of Vijaipur) is India's first cross state gas pipeline. The project was started in 1984 after the incorporation of GAIL (India) Limited to supply gas to the fertilizer plants located in the state of Uttar Pradesh. The first phase of ...
In India, nearly 28.5 million metric tons of LPG were consumed in the 2023-24 financial year in the domestic sector, mainly for cooking. [19] In 2016, the number of domestic connections was 215 million (i.e., one connection for every six people) with a circulation of more than 350 million LPG cylinders. [ 20 ]
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The deal was initially expected to be finalized by 31 March 2020, [7] but the non-binding agreement was instead terminated in November 2020 due to low LNG prices adversely affecting the investment case. [8] On 6 February 2024, Petronet LNG signed a supply deal with QatarEnergy for 7.5 million metric tons a year of LNG from 2028 to 2048.
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The largest component of the average price of $2.80/gallon of regular grade gasoline in the United States from 2012 through 2021, representing 54.8% of the price of gas, was the price of crude oil. The second largest component during the same period was taxes—federal and state taxes representing 17% of the price of gas.