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Policy
India
2023
Revised Domestic Gas Pricing
…gas). In April 2023, the Indian government approved revisions of the guidelines under the administered price mechanism (APM), which mainly applies to gas produced by legacy fields and national oil companies (ONGC, OIL). Key revisions of the guidelines include: The price of gas under the APM is benchmarked on a monthly basis to the price of imported crude (Indian Crude Basket) instead of the four global benchmarksThe gas produced by ONGC and OIL from their nomination blocks will be subject to floor and ceiling prices (a floor price of $4/mBtu and a ceiling of $6.5/mBtu)For gas…
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Podcast episode
Feeling the effects of the energy crisis
Four-day workweeks. Designated driving days. Fewer business trips. Across Southeast Asia, governments have been moving quickly to adopt measures that conserve fuel – highlighting the region’s exposure to the energy crisis caused by the near closure of the Strait of Hormuz. In this episode, Sue-Ern Tan, Head of the IEA’s Regional Cooperation Centre in Singapore, explains why countries in Southeast Asia are among the hardest hit by current energy supply disruptions. She discusses how rising prices and fuel shortages are already affecting daily life – and the steps governments are taking to help shield consumers from the worst…
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Policy
United States
2010
Mandatory Reporting of Greenhouse Gases (updated 2010 to include methane from oil and gas operations, and underground coal mines)
This rule establishes the mandatory greenhouse gas reporting program for the United States. The rule requires reporting on annual emissions of 8 types of greenhouse gases, including methane, by facilities that emit at least 25,000 t CO2e/yr. Covered facilities were directed to begin data collection by 1 January 2010, with the first annual report due 31 March 2011. Emissions may be calculated, using reported facility inventories, U.S. EPA emissions factors (although the rule also mentions development of site-specific emissions factors) and process information relevant to emissions estimations. EPA also provides methods for filling in missing data…