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Tuesday, April 20, 2010

Oil regulator clears Ambani firm's pipeline tariff

Oil regulator PNGRB on Monday approved the tariff for pipeline owned by a Mukesh Ambani firm RGTIL for transportation of gas from eastern offshore fields.

Accordingly, RGTIL will charge Rs 52.23 per million British thermal unit as against Rs 53.64 per mmBtu that the company had sought, PNGRB said in its order.

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Economic Event Calendar

GMT+5:30 Event Vol. Actual Consensus Previous
Wednesday, Apr 16
21:30 Fed's Hammack speech 2
22:30 20-Year Bond Auction 1 4.810% 4.632%
23:00 Fed's Chair Powell speech 3
Thursday, Apr 17
01:30 Net Long-Term TIC Flows 1 $112.0B $35.2B $-42.2B Revised from $-45.2B
01:30 Total Net TIC Flows 1 $284.7B $-46.6B Revised from $-48.8B
04:15 Consumer Price Index (YoY) 3 2.3% 2.2%
04:15 Consumer Price Index (QoQ) 3 0.7% 0.5%
04:30 Fed's Schmid speech 2
07:00 National Australia Bank's Business Confidence (QoQ) 2 -4
07:00 Participation Rate 2 67.0% 66.8%
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