LNG

Indian liquefied natural gas imports have plunged by 19 percent amid a continued 2022 decline in the nation’s LNG deliveries because of a slowing economy, a tighter gas market and the falling value of the rupee against the dollar that makes shipments more expensive.

A Singapore company has broken ground and started construction of infrastructure for what will be India’s eighth liquefied natural gas import terminal when it starts up in 2021 and only the second on the East Coast.