Page 2 - Lng Price
LNG in post-Covid era: How global demand and supply will shape India market
India has set a target of raising the share of natural gas in its energy basket to 15 per cent by 2030 from the current 6.72 per cent
 "LNG in post-Covid era: How global demand and supply will shape India market")
At current prices, FY23 fertiliser subsidy sufficient for 6-7 mths: Experts
However, the govt may have to infuse more fertiliser subsidy if global gas prices rise.
 "At current prices, FY23 fertiliser subsidy sufficient for 6-7 mths: Experts")
High LNG prices may impact India's climate goals, gas distribution targets
Gas consumption in India increases by an average of 7 per cent a year, estimates IEA
 "High LNG prices may impact India's climate goals, gas distribution targets")
Rising energy prices spell gains for oil producers
ONGC, Oil India stand to gain, but downstream players may feel the heat
 "Rising energy prices spell gains for oil producers")
Different contract types can ease LNG price volatility: Shell Asia's Shah
Shell India bullish on Indian LNG and natural gas demand
 "Different contract types can ease LNG price volatility: Shell Asia's Shah")
Asia seen driving 75% of LNG demand growth by 2040: Shell LNG outlook
Significant demand-supply gap seen opening in middle of current decade; China and India led LNG demand growth in 2020
 "Asia seen driving 75% of LNG demand growth by 2040: Shell LNG outlook")
Global spot LNG prices have come back to affordable levels: Petronet LNG
The company is India's largest LNG importer and is aiming for more long-term deals in the next 10 to 15 years, says it CEO
 "Global spot LNG prices have come back to affordable levels: Petronet LNG")
Attractive LNG prices to boost India's plan on gas-based economy
India's efforts to build a gas based economy is set to get a boost from the falling spot LNG prices
 "Attractive LNG prices to boost India's plan on gas-based economy")
Harsh winter in key markets drives spot LNG prices in Asia to record levels
Spot LNG in Asia is highly sensitive to marginal demand in Japan, Korea and China, where heating load has gone up significantly. Emergency buying by Japanese power firms is driving prices up
 "Harsh winter in key markets drives spot LNG prices in Asia to record levels")
India's gas demand at inflexion point, to rise by 66% in 5 years: Report
Gas demand is expected to rise from 148 million standard cubic meters per day in 2018-19 to 250 mmscmd by FY25, Elara Securities said in a report
 "India's gas demand at inflexion point, to rise by 66% in 5 years: Report")
India set to import record LNG volumes as spot prices slump on virus impact
The country's annual LNG imports is expected to rise by 10%-15% this year, said Poorna Rajendran of consultancy firm FGE
 "India set to import record LNG volumes as spot prices slump on virus impact")
India asks Qatar to reduce gas price supplied under long-term deal
India has in the past used its status as Asia's third-largest LNG buyer to renegotiate deals with Qatar, Australia, and Russia.
 "India asks Qatar to reduce gas price supplied under long-term deal")
Higher LNG prices better for GAIL outlook; other businesses appear strong
Prospects across segments stay positive
 "Higher LNG prices better for GAIL outlook; other businesses appear strong")
LNG price battle between India-US may impact Trump's export aims
Trump said the United States looked forward to exporting more energy
 "LNG price battle between India-US may impact Trump's export aims")
