Indian LNG imports drop under 20 million tonnes for fiscal year as prices start to fall and new terminal opens
Indian liquefied natural gas imports for the fiscal year dropped by more than 14 percent and below the 20 million tonnes mark and were also well down for the month of March following a brief resurgence in the previous month when shipments had risen.
India’s LNG imports drop 2.7 percent as rising cargo costs curb spot market participation by Asian nations
Indian imports of liquefied natural gas dropped by 2.7 percent in July, the 11th straight monthly decline, as LNG prices have increased in the spot market and continue to curb purchases in Asia.
First LNG import terminal on East Coast of India near Chennai is set for commissioning cargo
Indian Oil Corp., the refining and fuel marketing company, is set to begin commissioning of the first liquefied natural import terminal on the East Coast of India near the city of Chennai.
Indian LNG imports rebound year-on-year and underpinned by cargoes from Qatar and Africa
Indian liquefied natural gas imports rebounded on a year-on-year basis to jump 4.7 percent in December as more cargoes arrived from Qatar, West Africa and Australia after previous monthly declines.
Indian LNG imports rise ahead of more US shipments and improved infrastructure
Indian LNG imports jumped last month by over 17 percent, led by shipments from Qatar and Nigeria as volumes are also set to increase from the US to meet rising demand from regasification infrastructure being developed for the first time on the East Coast.
