The Asian market for liquid natural gas is being transformed as Thailand, Pakistan and others join the ranks of importers and consumption grows rapidly in China and India
Gail India proposes swapping seven LNG cargoes across May-October 2018, according to the tender document and traders.
Royal Dutch Shell is close to bagging a deal to supply Hong Kong with liquefied natural gas(LNG), beating out major competitors for the right to be the first company to supply LNG to the city.
Companies from Royal Dutch Shell Plc to Petronet LNG Ltd. are betting that a super-chilled form of natural gas, and not oil products like diesel.
India’s relationship with the US as a major consumer of the oil and gas produced in the latter, advanced a step further on Tuesday with the first shipment of US-produced gas bound for India flagged off from Louisiana.
Royal Dutch Shell is planning to build a truck loading facility at its Hazira liquefied natural gas (LNG) terminal on India’s west coast as it looks to meet demand from industrial users, a top company official said on Friday.
India Ratings and Research (Ind-Ra) opines the recent increase in term-LNG prices due to higher crude oil and spot LNG prices, driven by increased purchases from China, has led to higher pooled natural gas prices for the fertiliser sector.
India’s 20-year deal on import of natural gas from the US would be a “milestone” in bilateral ties and go a long way in strengthening and reinforcing trade relations between the two countries, Consul General of India Anupam Ray has said here.
India will receive its first LNG import from the U.S. later this month.
After crude oil, India today began importing natural gas from the US, with the first shipment of LNG under a 20-year deal being flagged off from Louisiana.