Ahmedabad, March 11 (IANS) Shares of Adani Total Gas surged 20 per cent to hit the upper circuit on Wednesday, extending gains even as India faces a deepening natural gas supply crunch.The sharp rally came after the company said domestic piped natural gas (PNG) and compressed natural gas (CNG) used for transport have received priority allocation under a recent order by the Indian Government.The stock also witnessed heavy trading activity during the session. Average volumes at the counter jumped …
Latest Petronet LNG News & Updates
New Delhi, March 6 (IANS) Nearly 69 per cent of domestic liquefied natural gas (LNG) imports in 2025 or 17.5 million tonnes (63 mmscmd), came from West Asian countries such as Qatar, the UAE and Oman — passing through or near the Strait of Hormuz, a report said on Friday.Even after adjusting for GAIL’s US LNG swap volumes, effective exposure moderates to 66 per cent, which means concentration risk remains significant, Elara Capital analysts said in the report.The report noted that any disrupt…