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The Strategic Opportunities Fund made its next investment in May 2022 in Ather Energy, an electric two-wheeler company. This was its first direct investment in the manufacturing sector and in electric mobility, both areas of national importance given India's green mission and decarbonisation goals. [60]
Attracting investment to the global natural gas market. Fair price for natural gas considering its energy efficiency and environmental benefits. As the outcome of the 5th Gas Exporting Countries Forum in Malabo The Declaration of Malabo was published. It stressed the importance of the role of natural gas for African countries.
Using natural gas for heating, cooking and electricity generation is not economical as more and more locally produced natural gas will be converted into LNG for use in the transport sector to reduce crude oil imports. [40] [41] Conversion of old diesel fueled heavy duty vehicles into LNG vehicles would restore original performance economically.
The search for alternatives to diesel fuel has been ongoing, leading people to turn to options like hydrogen, battery fuel cells, and the subject of this episode of Net-Zero Carbon: liquified ...
UNG is the largest and most actively traded natural gas commodity ETP in the United States. USCF also launched the first gasoline based commodity ETP, United States Gasoline Fund, LP (ticker:UGA), and the first heating oil based commodity ETP, the United States Heating Oil Fund, LP, both in 2008.
Songo Songo Gas Plant. The Natural Gas Revenue Fund (NGRF) is the sovereign wealth fund of Tanzania launched in 2015 after the enactment of a bill by the National Assembly. [1] [2] It manages the revenue accrued from the sale of its natural gas. As of April 2014, Tanzania has a recoverable gas reserve of 43.1 tcf. The fund is managed by the ...
[20] [21] Gross gas cylinder consumption increased to 3.71 in 2022-23 and 3.8 in 2023-24. [22] The government has increased the subsidy for poor women under the Ujjwala scheme to Rs. 300 per cylinder for the next financial year. The subsidy of Rs. 300 per cylinder was applicable for the current financial year, ending on March 31.
The Petroleum Conservation Research Association (PCRA) is an organization established in India in 1978, under the aegis of the Ministry of Petroleum and Natural Gas of Government of India that is engaged in promoting efficient energy use in various sectors of the economy.