India LNG news

Adani Total Gas Ltd and INOX India Ltd have entered into a mutual support agreement, under which ATGL and INOXCVA shall mutually accord a ‘preferred partner’ status for identifying and exploring possible collaboration opportunities for strengthening the LNG ecosystem in the country.

GAIL (India) Ltd has successfully concluded a long-term LNG purchase agreement for purchase of around 0.5 million tpy LNG from ADNOC Gas.

GAIL (India) Limited and Vitol Asia Pte Ltd has announced the signing of a long-term LNG supply deal into India for the annual supply of approximately 1 million t of LNG for a period of approximately 10 years, starting from 2026.

India is set to register the second highest LNG regasification capacity additions in Asia between 2023 – 2027, accounting for about 22% of the region’s total capacity additions by 2027, forecasts GlobalData.

Galileo Technologies has carried out the first production of LNG for Gail Ltd.

Indian Oil Corp, has signed long-term LNG import deals with United Arab Emirates’ Abu Dhabi Gas Liquefaction Co Ltd, and France’s TotalEnergies.

In the July 2023 issue of LNG Industry, Richard Acklam, Associate Principal, Charles River Associates, highlights the key trends in the Asia Pacific LNG market, whilst touching on relevant global developments to analyse how they are affecting the Asia Pacific region. This special report lists the references for this article.

Asia will continue to dominate the global LNG regasification capacity additions, contributing about 70% of the total capacity additions between 2023 – 2027, according to GlobalData.

TotalEnergies has announced the delivery of a first LNG cargo to the Dhamra LNG terminal in India.

Emma Richards, Fitch Solutions, provides an outlook for the global LNG market.