Indian LNG imports decline amid rising costs as first East Coast facility set for commissioning
Indian liquefied natural gas imports fell last month by 11.6 percent with cargoes arriving at a slower pace from the main suppliers in Qatar and West Africa as the nation prepared to start commissioning the first import terminal on the East Coast.
India keeps to fringes of year-end LNG market because of prices as monthly imports drop
Indian liquefied natural gas imports dropped by almost 18 percent, the second monthly decline after six straight months of increases, as deliveries were led by Qatar and cargoes were also supplied by African nations such as Nigeria and Angola.
Indian LNG imports decline after six months of increases led by Qatar and African cargoes
Indian LNG imports dropped 5.8 percent in October after six straight month of increases as shipments were received from nations such as Qatar, Angola and Nigeria, while the costs of the cargoes continued to rise for the Asian nation and amounted to about $900 million last month.
Indian LNG imports rise for sixth straight month along with higher costs influenced by oil
Indian LNG imports rose about 10 percent last month, the sixth straight month of increases because of new long-term supply contracts in Australia and the US while the costs of the cargoes also continued to rise for the Asian nation.
Indian gas price ceiling
Oct 18 (LNGJ) - The Indian Ministry of Petroleum and Natural Gas has fixed its latest half-year ceiling price for domestic natural gas output from October 2017 to March 2018 at $6.30 per million British thermal units on a gross calorific value (GCV) basis for gas produced from discoveries in deep water, ultra-deep water and high-pressure areas. The April-September 2017 price ceiling had been fixed at US$5.56 per MMBtu.
