India

The Offtake: LNG in Brief

A roundup of news and commentary from NGI’s LNG Insight China’s LNG imports from the United States surged to 340,000 tons in May, according to Bloomberg. That’s up from 211,000 tons in April, when exports left the United States for China for the first time in more than a year after trade tensions ease.  Wood…

June 30, 2020

The Offtake: LNG in Brief

A roundup of news and commentary from NGI’s LNG Insight

April 14, 2020
Uncertainty Reigns in Global LNG Market as Coronavirus Lockdowns Persist

Uncertainty Reigns in Global LNG Market as Coronavirus Lockdowns Persist

Uncertainty continues to mount across the global natural gas market with key buyers from Europe to South Asia sidelined by measures to slow the coronavirus, raising questions about how suppliers across the world will respond to the possibility of an extended downturn in demand as inventories fill.

April 3, 2020
Uncertainty Reigns in Global LNG Market as Coronavirus Lockdowns Persist

Uncertainty Reigns in Global LNG Market as Coronavirus Lockdowns Persist

Uncertainty continues to mount across the global natural gas market with key buyers from Europe to South Asia sidelined by measures to slow the coronavirus, raising questions about how suppliers across the world will respond to the possibility of an extended downturn in demand as inventories fill.

April 3, 2020
Tellurian Negotiations for Driftwood LNG Deal With Petronet Yet to Bear Fruit, Deadline Extended

Tellurian Negotiations for Driftwood LNG Deal With Petronet Yet to Bear Fruit, Deadline Extended

Still seeking the commitments it will need to reach a final investment decision (FID) on its proposed Driftwood liquefied natural gas (LNG) export project, Tellurian Inc. said it has extended negotiations with prospective buyer Petronet LNG Limited of India.

February 27, 2020

U.S. and India to Promote Energy Ties, Say Trump and Modi

President Trump and India’s Prime Minister Shri Narendra Modi vowed Wednesday to strengthen a comprehensive global strategic partnership between their countries, including growing links in trade and investment in hydrocarbons such as liquefied natural gas (LNG).

February 26, 2020
Tellurian’s Driftwood LNG Seals Big Supply Pact with India’s Petronet

Tellurian’s Driftwood LNG Seals Big Supply Pact with India’s Petronet

Tellurian Inc. over the weekend took another step toward sanctioning its massive natural gas export project on the Gulf Coast with a proposed agreement to sell a significant portion of capacity to India’s state-owned Petronet LNG Ltd.

September 23, 2019
India Planning Another LNG Import Terminal

India Planning Another LNG Import Terminal

H-Energy India Group said on Monday subsidiary East Coast Private Ltd. has signed a port services agreement with Kakinada Seaports Ltd. to set up a liquefied natural gas (LNG) regasification and reloading terminal on India’s east coast.

September 11, 2019
India’s Bharat Planning FSRU for LNG Imports

India’s Bharat Planning FSRU for LNG Imports

Indian state-owned Bharat Petroleum Corp. Ltd. (BPCL) said Monday that it is planning to invest around $240 million to build a floating storage and regasification unit (FSRU) at the deepwater port at Krishnapatnam on the east coast.

August 28, 2019

Lower LNG Prices Could Boost South Asia Demand, With Strings Attached, Says Analyst

South Asian liquefied natural gas (LNG) markets stand to benefit from the recent shift to a globally oversupplied and lower-priced environment that has resulted from a mild winter and recent supply additions, particularly in the United States.

March 13, 2019
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