Indian liquefied natural gas imports jumped for a fifth month of the current fiscal year as volumes received rose more than 10 percent with supplies coming from Atlantic Basin countries such as the US, Nigeria and Angola and traditional suppliers like Qatar.

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Indian liquefied natural gas imports rose by 9.75 percent last month and the costs of the shipments fell as the nation received cargoes from Qatar, West Africa and the United Sates, while its market was still hindered by a lack of infrastructure and open pricing.

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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.

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Indian liquefied natural gas imports soared by almost 47 percent in January as more cargoes were received from West Africa and Australia in addition to regular shipments from one of the nation’s main supplying countries Qatar.

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Indian businessman Darshan Hiranandani and his H-Energy company is making progress on plans for a floating storage and regasification unit (FSRU) on the East Coast of India by signing a joint venture agreement with Japanese shipping company Kawasaki Kisen Kaisha, known as K-Line.

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Indian liquefied natural gas imports for July jumped after two months of declines as more shipments arrived from Qatar and Nigeria as well as the spot market.

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