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The first Indane LPG connection was released on 22 October 1965 at Kolkata. Indane serves more than 130 million families through a network of 12,500 distributors. 27% of its customers reside in semi-urban or rural markets and every second LPG cooking gas connection in India is that of Indane. The sales network is backed by 47 Indane area offices.
Indian Oil Corporation Limited (IOCL or IOC), trading as IndianOil, is an Indian multinational [3] [4] oil and gas company under the ownership of Government of India and administrative control of the Ministry of Petroleum and Natural Gas. It is a public sector undertaking which is registered in Mumbai but headquartered in New Delhi. [5]
Through the scheme, the Indian government provides a subsidy of INR1,600 to state-owned fuel retailers for every free LPG connection they provide to rural households. The subsidy aims to cover the security fee and fitting charges of the gas cylinder. [9] The beneficiary of the subsidy must then purchase their cooking stove.
The natural gas purchase price from the natural gas producers, like ONGC, Oil India Ltd. and private companies, is fixed by the government based on prices prevailing in the US, Russia, the UK and Canada. [63] LNG price is linked to the prevailing crude oil price in global markets. [64]
Indane is a hydrocarbon petrochemical compound, with formula C 9 H 10. Indane may also refer to: Business. Indane (LPG), LPG brand developed and owned by Indian Oil ...
Website www .cpcl .co .in Chennai Petroleum Corporation Limited ( CPCL ), formerly known as Madras Refineries Limited ( MRL ), is a subsidiary of Indian Oil Corporation Limited which is under the ownership of Ministry of Petroleum and Natural Gas of the Government of India .
It was rechristened on 15 June 1989. The primary business of ONGC Videsh is to prospect for oil and gas acreages outside India, including exploration, development and production of oil and gas. It currently has 38 projects across 17 countries. Its oil and gas production reached 8.87 MMT of O+oEG in 2010, up from 0.252 MMT of O+OEG in 2002/03.
As of 2014 the company produced 3.466 MMT of crude oil, 2625.81 million cubic metre at standard conditions of natural gas and 46,640 tonnes of LPG. [4] Most of this was produced from its traditionally rich oil and gas fields concentrated in the Northeastern part of India and contribute around 80% of total oil and gas produced in the region.