Indian LNG imports drop for fourth month but offset by domestic gas output amid Jaigarh FSRU delay
Indian liquefied natural gas imports dropped for a fourth month and by more than 10 percent as the costs of shipments rose at a slower pace and the debut of a seventh terminal was delayed by higher prices while offshore domestic gas pipeline supplies continued to increase on the East Coast.
Indian LNG imports stay on downward path but rate of fall slows amid higher prices and more domestic gas
Indian liquefied natural gas imports dropped for a third month, though by a lesser amount that the previous two months as the costs of LNG shipments soared, though falling volumes were again offset by offshore domestic natural gas pipeline supplies on the East Coast.
Höegh LNG Holdings reports loss amid takeover and mixed tender and project results for FSRU fleet
Höegh LNG Holdings, the Norwegian shipping company acquired in a takeover by Norwegian interests and a unit of US investment bank Morgan Stanley, posted a wider loss in the first quarter of 2021 as it reported setbacks in its tenders for projects.
Höegh LNG FSRU scheduled to arrive off state of Maharashtra on April 10 to be seventh Indian terminal
Höegh LNG, the Norwegian-US fleet owner, has seen its floating storage and regasification unit (FSRU), the “Höegh Giant”, leave Singapore to be deployed offshore India at the end of this week as the Asian nation’s seventh LNG import terminal.
