LNG

Indian liquefied natural gas imports last month dropped by almost 15 percent amid a surge in cargo prices and a slower resumption of full activity because of the Covid-19 pandemic.

Höegh LNG, the Norwegian-US fleet owner, has seen its floating storage and regasification unit (FSRU), the “Höegh Giant”, leave Singapore to be deployed offshore India at the end of this week as the Asian nation’s seventh LNG import terminal.