Pakistan does get more than half its LNG under long-term contracts, which provides some protection against the volatile spot market
Petronet LNG Ltd is looking to reclaim the lost opportunities of the past decade as it seeks fresh foray into the petrochemical business and plans to set up an LNG import facility on the east coast
At least three companies have asked to delay shipments slated for May and June delivery, according to traders with knowledge of the matter
Significant demand-supply gap seen opening in middle of current decade; China and India led LNG demand growth in 2020
The ratings agency's October 2020 credit digest edition highlighted an increase in LNG imports
GAIL India has issued a tender offering two liquefied natural gas cargoes for loading in the United States and is seeking two cargoes for delivery into India, two industry sources said
The country's annual LNG imports is expected to rise by 10%-15% this year, said Poorna Rajendran of consultancy firm FGE
The country's liquefied natural gas (LNG) imports jumped 20 per cent year-on-year in the first half of this year on strong growth in demand, S&P Global Platts said today. It expects imports from the US market to increase in coming years to meet the increasing demand. "India's LNG imports jumped by 20 per cent in the first six months of 2018 as compared to same period last year due to strong growth in demand," S&P Global Platts' director, LNG market development, Marc Howson, told reporters here. With government taking proactive steps to ease infrastructure bottlenecks and push for gas as penetration in energy mix, Howson said LNG is the only option in boosting the country's gas demand in the next few years. The country imports nearly 60 per cent of LNG from the Middle East and the rest from Australia, West Africa and the US, the global energy, metals and commodities information provider said. In the world market, China, ranked second, witnessed 50 per cent growth .
The two sides discussed ongoing cooperation in the hydrocarbon sector between companies in India and abroad and explored ways to further enhance the engagement
It might happen even as some buyers are trying to get rid of costly US supplies
It has a capacity to import 21 million tonnes of the super-cooled fuel currently