High prices are causing a drop in seaborne coal imports to India, though LNG is no alternative due to supply constraints and record prices, leaving Indian utilities struggling to meet soaring electricity demand this summer.
GreenLine Mobility Solutions has partnered with Dabur India to deploy LNG-fuelled trucks across the FMCG company’s logistics network. More than 1,000 LNG- and electric-powered heavy trucks are operated across India by GreenLine with the collaboration helping to cut long-haul road freight emissions in sectors including consumer goods, steel and mining.
Japan’s JERA is stepping up its LNG-to-power strategy across Asia, offering term LNG shipments and project finance. For India’s Torrent Power, JERA will deliver four cargoes per year from 2027 to fuel 2,730 MW gas-fired powergen capacity along with some city-gas demand.
India’s Hindustan Petroleum Corp is calling on LNG producers and traders to register interest in supplying spot cargoes and term deliveries. The state-run refiner is understood to look for 1mtpa of LNG under contracts stretching 10-15 years.
India has lifted an order imposing restrictions on gas suppliers as LNG deliveries from the Middle East resume. The Ministry of Petroleum and Natural Gas on Saturday withdrew provisions which had mandated all imported LNG and domestically produced gas to be sold to a list of priority customers.
Asian countries are stepping up investment in domestic energy to curb reliance on imported LNG, as energy security overtakes cost following the three-month disruption of the Strait of Hormuz. China, India and Pakistan are accelerating spending on coal, renewables and nuclear power to reduce exposure to LNG imports.
India’s power-sector LNG buying stays high into June as utilities scramble to offset missing term cargoes. None of India’s 16 GW gas-grid connected powergen capacity received contracted Qatari LNG cargoes in April and May, amid widespread heatwaves. Provisional June data indicate the shortfall persisted, keeping spot procurement at unusually high levels.
Canada’s Prime Minister Mike Carney is pushing to advance a free trade agreement with India that would open a strategic outlet for LNG, agri-food and technology exports. The move reflects Canada’s effort to fast-track Pacific‑facing LNG infrastructure and lock in long-term offtake.
At least four LNG tankers have transited through the Strait of Hormuz in recent days, setting sail to Pakistan, India and China, after being held back for almost three months.
An LNG tanker loaded at ADNOC’s Das Island terminal has exited the Strait of Hormuz and is now on route to India. The most likely buyer is Indian Oil Corp, the counterparty to ADNOC’s latest long-term supply agreement.