Indian Gas Exchange (IGX)’s Post

New Normal at IGX- High volume trades even for Day Ahead(D-1) and Near-term gas delivery period (D-2, D-3 etc) Do you need gas delivery tomorrow or day after?; Place your buy bid on IGX and get matched with a seller ready to deliver gas at any domestic or RLNG terminal. Same comfort for sellers to sell gas on immidiate basis. Absolutely, NO NEED for time consuming processes for such near-tem deliveries like shortlisting sellers/buyers n negotiate OR floating n processing a sell/buy tender. IGX - Gas Delivery in a Blink... 😊 Still, huge scope for increasing the liquidity by way of increased Syncronization and Digitalization among the systems and processes of transporters. May be high time for introduction of long pending TSO as an institution for Non-Discriminate CT booking in line with developed gas market or the Indian Power Market. Even Intraday gas trading may become a reality in India, if and only if Gas transporters allow intraday CT booking. #shortterm #trading #ctbooking #gastransportation #gastrading #transmissionsystemoperator #tso #igx #gasexchange

Interested to learn more about the benefits of the LIQAL BTU system? The installation of the LIQAL BTU system enabled the LC3 Trasporti to operate with a lower minimum level of LNG within the tank and with LIQAL BTU system, LC3 is now able to deliver 100% bio-LNG to trucks. Read the full case study at: https://brnw.ch/21wENcx #TransformationTuesday

How do we transition to PtX? Capacity building is one of the aspects that we need to consider. Anyone out there with opportunities in PtX? #cleanenergy #sustainableenergy #PtX

Rapid expansion of fiber optic network which has been rolling-out in the last ~5 years, TOWR has generated a series of Revenues from FTTT (FTTT revenue), reaching IDR 1.8 trillion in FY23F, vs. IDR 154 billion in FY19 (CAGR FY19-FY23F: 84.3%). In 2H23, we expect FTTT revenue can grow by 11.8% HoH to IDR 938 billion from IDR 839 billion in 1H23. FTTT revenue contribute 15.3% of FY23F total Revenue. In 6M23, TOWR generated revenue from fiber optic at 172,593 km (1H23: total roll-out length 189,888 km). Thus, we assume Revenue-generating fiber optic potentially rising 41.0% HoH to 243,300 km in 12M23F (assumed: ~90.9% utilization rate). HP Sekuritas is maintaining BUY rating on PT Sarana Menara Nusantara Tbk (TOWR:IJ) with Target Price at IDR 1,300 (25.6% upside potential). Our TP derived from +0.5SD 3-years average (11.3x FY23F EV/EBITDA). Currently TOWR is trading at 9.9x 23F EV/EBITDA, or 12.5% below 3-years average. #2H23Prospects #TOWR:IJ #TOWR:JK

Japan’s JERA Co., Inc. has signed a joint study agreement (JSA) with Malaysia’s Petroliam Nasional Berhad (Petronas), through its subsidiary Petronas CCS Solutions (PCCSS), to evaluate the feasibility of separating and capturing #CO2 emitted by JERA in Japan and then transporting it to Malaysia for storage. #carboncaptureandstorage #CCS #valuechain

YTL Corp, YTL Power International join KLCI constituents YTL Corporation Bhd and YTL Power International Bhd will be included as a constituent of the FBM KLCI index, replacing Dialog Group Bhd and Westports Holdings. This follows the latest December 2023 semi-annual review of the FTSE Bursa Malaysia Index Series. “All constituent changes take effect at the start of business on Dec 18, 2023. The next review will take place in June 2024,” FTSE Russell, An LSEG Business and Bursa Malaysia said in a joint statment. Meanwhile, there will be nine new inclusions into the FBM Mid 70 Index. The nine are Bank Islam Malaysia Bhd, Dialog, DXN Holdings Bhd, Malayan Cement Bhd (YTL Cement Group) , OSK Holdings Bhd, Sunway Bhds, UMW Holdings Bhdt, WCE Holdings and Westports Source: Star Media Group Berhad https://lnkd.in/gASdjdQU

🇮🇳 𝗡𝗲𝘄𝘀 𝘀𝘁𝗼𝗿𝘆: 𝗤&𝗔: 𝗕𝗪 𝗟𝗣𝗚 𝘁𝗮𝗿𝗴𝗲𝘁𝘀 𝗜𝗻𝗱𝗶𝗮𝗻 𝗲𝘅𝗽𝗮𝗻𝘀𝗶𝗼𝗻 | 𝗔𝗿𝗴𝘂𝘀 𝗠𝗲𝗱𝗶𝗮 Oslo-listed BW LPG, the world's largest owner of VLGCs with a fleet of 43, recently announced that it had invested $30mn in Indian private-sector LPG distributor Confidence Petroleum and was to develop an import terminal at Mumbai's Jawaharlal Nehru port in a joint venture with Confidence and Ganesh Benzoplast — a local chemical and oil product storage firm. The terminal will be able to store 62,000t of LPG and discharge 93,000m³ VLGCs. Argus spoke with chief executive Kristian Sorensen and vice-president of infrastructure and corporate development Iver Baatvik to discuss the firm's Indian plans in the first of two interviews with BW LPG. By Argus Media: https://okt.to/mIOVie Argus offers price assessments, news, analysis, fundamentals data and price forecasting for the global LPG and NGL markets. Find out more: https://okt.to/W3qsTM #ArgusMedia #LPG

TPIPL 9M23 Performance Despite tough operating environment during the 9M23 (a broad economic/industry reality) , TPI Polene posted a 7% YoY increase in EBITDA thanks to cost efficiency measures, cost savings, lower energy cost and launch of better margin Green Cement and Building Product. For more details on the performance see attached press release. @MariaLapiz-TPI CRD #TPIPL #TPIPP

🇮🇳 𝗡𝗲𝘄𝘀 𝘀𝘁𝗼𝗿𝘆: 𝗤&𝗔: 𝗕𝗪 𝗟𝗣𝗚 𝘁𝗮𝗿𝗴𝗲𝘁𝘀 𝗜𝗻𝗱𝗶𝗮𝗻 𝗲𝘅𝗽𝗮𝗻𝘀𝗶𝗼𝗻 | 𝗔𝗿𝗴𝘂𝘀 𝗠𝗲𝗱𝗶𝗮 Oslo-listed BW LPG, the world's largest owner of VLGCs with a fleet of 43, recently announced that it had invested $30mn in Indian private-sector LPG distributor Confidence Petroleum and was to develop an import terminal at Mumbai's Jawaharlal Nehru port in a joint venture with Confidence and Ganesh Benzoplast — a local chemical and oil product storage firm. The terminal will be able to store 62,000t of LPG and discharge 93,000m³ VLGCs. Argus spoke with chief executive Kristian Sorensen and vice-president of infrastructure and corporate development Iver Baatvik to discuss the firm's Indian plans in the first of two interviews with BW LPG. By Argus Media: https://okt.to/Nnl3fB Argus offers price assessments, news, analysis, fundamentals data and price forecasting for the global LPG and NGL markets. Find out more: https://okt.to/ozJx5I #ArgusMedia #LPG

🇮🇳 𝗡𝗲𝘄𝘀 𝘀𝘁𝗼𝗿𝘆: 𝗤&𝗔: 𝗕𝗪 𝗟𝗣𝗚 𝘁𝗮𝗿𝗴𝗲𝘁𝘀 𝗜𝗻𝗱𝗶𝗮𝗻 𝗲𝘅𝗽𝗮𝗻𝘀𝗶𝗼𝗻 | 𝗔𝗿𝗴𝘂𝘀 𝗠𝗲𝗱𝗶𝗮 Oslo-listed BW LPG, the world's largest owner of VLGCs with a fleet of 43, recently announced that it had invested $30mn in Indian private-sector LPG distributor Confidence Petroleum and was to develop an import terminal at Mumbai's Jawaharlal Nehru port in a joint venture with Confidence and Ganesh Benzoplast — a local chemical and oil product storage firm. The terminal will be able to store 62,000t of LPG and discharge 93,000m³ VLGCs. Argus spoke with chief executive Kristian Sorensen and vice-president of infrastructure and corporate development Iver Baatvik to discuss the firm's Indian plans in the first of two interviews with BW LPG. By Argus Media: https://okt.to/VPG78N Argus offers price assessments, news, analysis, fundamentals data and price forecasting for the global LPG and NGL markets. Find out more: https://okt.to/3mn6uZ #ArgusMedia #LPG