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High Spot Prices To Dent India’s LNG Imports. Here's Who May Feel The Pinch.
Rising prices of LNG are expected to prompt India to lower imports of the industrial fuel even as demand grows.
02 Sep 2021, 08:52 AM IST
Rising prices of liquefied national gas are expected to prompt India to lower imports of the industrial fuel. Petronet LNG Ltd., India's largest gas importer, may feel the impact, apart from two consuming industries, fertiliser and power.Robust gas demand from China and Europe, inadequate supply from exporters like Russia, Australia, and the U.S. have driven up prices of LNG. And they're expected to remain elevated as spot buying wil...
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