Russian energy giant Gazprom halts supplies to Bulgaria and Poland, reports say EU trying to increase gas purchase in Roubles to help them
Russian media has reported that the European Union would be temporarily increasing its gas purchases from Russia through countries which are ready to do their payments in Russian Roubles to compensate for the demand of Poland and Bulgaria.
Lars Barstad, the CEO of a New York-listed tanker company has been quoted by the FT report as saying, "the discounts on the Russian Urals for India was about $25-30 per barrel. Freight rates would add only $3-4 per barrel, making the trade economic for India."
Besides the new emission standards, the situation has been further aggravated due to coal supply shortage, and its high prices.
The significant find for AWEL was hailed by Adani Group chairman Gautam Adani on social media, adding that the discovery of natural gas reserves would shape the country's energy consumption in a remarkable manner.
Nuclear Fusion: The global ITER project to create a miniature sun on earth for clean energy, and India’s contribution & lack of it
India needs to improve its manpower and monetary contribution for the ITER project aimed at Nuclear Fusion
Energy demand in India is growing at more than 5% annually.
The station has achieved 100% energy efficiency
India is collaborating with Russia to build a nuclear power plant in Bangladesh
India is now ranked 26th, an improvement of 73 places as compared to 2014
Piyush Goyal is steadily invoking a new life in the country's struggling power sector
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