India LNG news
Gail sells US LNG cargo to Europe
Gail has sold and redirected a US-produced LNG cargo to northwest Europe in response to high stock levels.
Chart and IOCL join forces in India
Chart Industries, Inc. and Indian Oil Corporation Limited have agreed to jointly pursue LNG market development in India.
Asian LNG prices now below US$5.00
Asian LNG spot prices have now broken the US$5.00 per million Btu mark, a result of a lack of growth in demand and continued high levels of supply.
Chart and Indian Oil Corp. sign LNG MoU
Chart Industries Inc. has announced that it has signed a memorandum of understanding with Indian Oil Corp. Ltd to promote the development of the LNG market in India.
Indian LNG demand limited by infrastructure
India’s LNG demand is set to rise by approximately 10% in 2019, despite import capacity increasing at a faster rate.
Asian LNG spot prices now at 3-year low
Asian LNG spot prices have now fallen to their lowest level for the current season since 2016.
More flexible US LNG contracts in demand
Gail India has called for more flexible contract terms to be offered by US LNG producers.
Indian Oil secures second LNG cargo for its Enmore terminal
Indian Oil Corp. has secured a second LNG delivery for its Enmore terminal.
GAC India handles first tanker at new LNG terminal
GAC has announced that it has successfully handled the first tanker to berth at the newly constructed LNG terminal inside Kamarajar Port, Ennore, in Chennai, India.
Wood Mackenzie comments on Ennore LNG
Wood Mackenzie senior analyst Kaushik Chatterjee has shared his thoughts on the significance of the Ennore LNG project, and how it is the beginning of India doubling its regasification capacity to 56.5 million tpy by 2025.