A roundup of news and commentary from NGI’s LNG Insight
India
Articles from India
NGI The Weekly Gas Market Report
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.
NGI The Weekly Gas Market Report
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.
NGI The Weekly Gas Market Report
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.
NGI The Weekly Gas Market Report
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).
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.
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.
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.
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.
Commerce Says Six Countries Possibly Dumped Steel into the United States
In a development that could put even more pressure on domestic natural gas pipeline projects, the Department of Commerce said it has preliminarily determined that Canada, China, Greece, India, South Korea and Turkey have been selling large diameter welded pipe at less than fair value in the United States.