Asian LNG spot prices rose this week, tracking higher oil prices and benefitting from production curbs in Australia.
According to Reuters, Indian Oil Corp. has issued a tender for the short-term commercial lease of its LNG storage tank at the Ennore terminal.
The ‘Global LNG Industry Outlook to 2023 – Capacity and Capital Expenditure Outlook with Details of All Operating and Planned Terminals’ report has been added to ResearchAndMarkets.com’s offering.
Asian LNG spot prices have fallen to a three-week low, as the low-demand market continues to be fed with new cargoes.
According to Reuters, two industry sources have stated that Indian Oil Corp. is seeking to purchase a spot LNG cargo.