LNG

Indian liquefied natural gas imports suffered another large monthly fall by more than 16 percent because of the slowing economy and the higher prices needed to attract additional shipments from the higher-priced Atlantic Basin.

TechnipFMC, the Franco-US energy engineering company, said it was awarded a significant subsea contract by Reliance Industries of India for the development of a large natural gas field in the Krishna Godavari basin of the Bay of Bengal offshore Andhra Pradesh.