India’s fuel demand fell 1.8 percent year on year in November

India’s fuel demand fell 1.8 percent year on year in November

India’s fuel demand fell 1.8 percent in November compared with the same month last year. Consumption of fuel, a proxy for oil demand, totalled 17.27 million tonnes, data from the Petroleum Planning and Analysis Cell (PPAC) of the oil ministry showed.

India’s Petronet looking for long-term deal to buy U.S. LNG

India’s Petronet looking for long-term deal to buy U.S. LNG

Top Indian gas importer Petronet LNG is looking to sign a deal in a year’s time to buy at least 1 million tonnes of U.S. natural gas annually for a period of up to 10 years, as it pushes to diversify its supply sources beyond the Middle East.

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