India LNG news
Singapore’s Minister for Trade & Industry to officially open Gastech Virtual Summit
Singapore’s Minister for Trade & Industry, Chan Chun Sing, will open the Gastech Virtual Summit 2020, taking place digitally from 7 - 11 September.
Petronet LNG reports reduced volumes and profits
Petronet LNG Ltd has published its 1Q20/21 financial results.
Asian LNG spot prices hit six-month high
Reuters is reporting that the latest market estimates have placed Asian LNG spot cargo prices at a more than six-month high.
India’s new deepwater supply could face pressure from low spot LNG prices
India’s new deepwater gas production could be under pressure from low spot LNG prices, says Wood Mackenzie.
Petronet praises PNGRB decision to permit the construction of LNG stations in India
Petronet LNG Ltd has welcomed the decision by India’s Petroleum Natural Gas Regulatory Board to permit the establishment of LNG dispensing stations in India.
GSPC seeks first LNG cargoes since the start of global lockdowns
India’s Gujarat State Petroleum Corp (GSPC) is seeking to purchase its first LNG cargoes since it issued a force majeure notice in March.
Indian LNG import growth reliant on pipeline completion
According to the US EIA, growth in India’s LNG imports will depend on the completion of connecting pipelines.
Latest reports show improvement in Asian LNG spot prices
Asian LNG spot prices have increased marginally from the recent record lows as Chinese buyers have begun re-entering the market.
India’s GSPC cancels tender to import 11 LNG cargoes
According to Reuters, India’s Gujarat State Petroleum Corp. has cancelled a tender to import 11 LNG cargoes for deliveries across May 2020 to March 2021.
Petronet LNG issues force majeure notice to Qatargas
According to Reuters, Petronet LNG – India’s top gas importer – has issued force majeure notice to Qatargas, as it seeks to delay the loading of LNG cargoes under long-term deals.