"NELP, NIO, or the signed or proposed PSCs do not provide different fiscal terms or fiscal stability for oil and gas separately. The fact is that at the time of exploration it is not known whether it would result in an oil or gas find or even both together as is so common. Accordingly natural gas can be produced in both associated and non-associated form with oil..."

Short-term Trading of Natural Gas: Some Risks Involved (part-II)

"Futures prices for natural gas are obviously more volatile than they are for oil. This volatility discrepancy reflects the degree of uncertainty in the short-term trading of natural gas. Moreover, such a situation can benefit neither the producer nor the client, because volatility increases the price of options used as a hedging tool..."

OIL & GAS

• NELP-VII opens sector to new players on the block 
• Oil ministry approaches finance ministry 
• Long-term measures needed to tackle crude price surge: Analysts 
• Tax holiday withdrawal to hurt profitability: IOC 
• GAIL interested in ADB stake in Petronet 
• China, Burma still discussing proposed pipeline

POWER

• States warming up to power franchisee model 
• Provide power in rural areas to qualify for funds: Govt 
• Japan bank betting big on Indian hydropower sector 
• Coal sector needs $100 bn: IEP 
• Tata Power eyeing projects in SE Asia 
• Renewables becoming competitive in energy markets: CERA