Teekay LNG Partners, whose gas group units own, charter or have stakes in 77 vessels, including 47 liquefied natural gas carriers and 30 liquefied petroleum gas or multi-gas vessels, reported lower third-quarter profits but was optimistic on the coming year.
Indian liquefied natural gas monthly imports edged higher as shipments cost less and began to gather pace along with economic activity and shipments for September at the nation’s largest terminal from Cove Point in the US and from Trinidad.
Imports of liquefied natural gas by India in April, the first month of the new fiscal year, as shipments arrived from diverse nations such as Australia, Nigeria, Trinidad and Qatar and as more cargoes were also set to be received from the US amid plans for an expansion of regasification and pipeline infrastructure on the East Coast.