Page 4 - Lng Import

GAIL India issues tender to buy and sell LNG cargoes: Report

GAIL India has issued a tender offering two liquefied natural gas cargoes for loading in the United States and is seeking two cargoes for delivery into India, two industry sources said

India set to import record LNG volumes as spot prices slump on virus impact

The country's annual LNG imports is expected to rise by 10%-15% this year, said Poorna Rajendran of consultancy firm FGE

LNG imports jump 20% in the first six months of 2018: S&P Global Platts

The country's liquefied natural gas (LNG) imports jumped 20 per cent year-on-year in the first half of this year on strong growth in demand, S&P Global Platts said today. It expects imports from the US market to increase in coming years to meet the increasing demand. "India's LNG imports jumped by 20 per cent in the first six months of 2018 as compared to same period last year due to strong growth in demand," S&P Global Platts' director, LNG market development, Marc Howson, told reporters here. With government taking proactive steps to ease infrastructure bottlenecks and push for gas as penetration in energy mix, Howson said LNG is the only option in boosting the country's gas demand in the next few years. The country imports nearly 60 per cent of LNG from the Middle East and the rest from Australia, West Africa and the US, the global energy, metals and commodities information provider said. In the world market, China, ranked second, witnessed 50 per cent growth .

India, Japan to join hands for LNG import

The two sides discussed ongoing cooperation in the hydrocarbon sector between companies in India and abroad and explored ways to further enhance the engagement

India looks for right price to boost LNG, crude imports from US

It might happen even as some buyers are trying to get rid of costly US supplies

India to double LNG import capacity to 50 million tonnes in a year: Dharmendra Pradhan

It has a capacity to import 21 million tonnes of the super-cooled fuel currently