Indian LNG importer Petronet posts 13 percent fall in revenues as it considers US stake
Petronet LNG, the largest importer of cargoes in India from nations like Qatar and Nigeria, posted a 13 percent fall in third-quarter revenues as net profits jumped while the company was considering taking an equity stake in a US export plant in Louisiana.
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.
India-Far East cargoes
May 4 (LNGJ) - The 136,000 cubic metres capacity “Raahi” is enroute from Ras Laffan in Qatar to deliver a cargo on May 6 to the Indian Dahej terminal, operated by Petronet, according to shipping data. The 145,000 cubic metres capacity “LNG Enugu” is scheduled to deliver a Nigerian cargo on May 17 to the Indian Hazira terminal, operated by Shell India. The 145,000 cubic metres capacity “Al Deebel” will deliver a shipment from Qatar on May 11 to the Yung-An import terminal in Taiwan. The 216,200 cubic metres capacity vessel “Al Gattara” will unload a cargo on May 19 at the Japanese Sodeshi import terminal, operated by Shizuoka Gas.
