Note: This is the second in a three-part NGI series titled “Navigating the Nascent LNG Market Through A Choppy World Trade Sea,” which explores the emerging global liquefied natural gas market and the challenges it poses to buyers and sellers seeking to capitalize on the worldwide expansions underway.
India
Articles from India
Perry Heading to India in Wake of Growing Energy Ties
Department of Energy (DOE) Secretary Rick Perry is traveling to India to meet with government officials and stakeholders in the private sector to discuss growing U.S.-India energy ties.
China, India to Lead Renewables Charge in Coming Decades, Says IEA Director
The United States will become the world’s top producer of oil and natural gas over the next several decades, but China and India will lead a host of developing countries in embracing clean energy technologies for power generation as costs for renewables continue to decline.
India Utilities Attempting to Renegotiate U.S., Aussie LNG Contracts
India’s minister for oil and natural gas said a state-owned gas utility has been trying to renegotiate separate contracts with Cheniere Energy Inc. and Dominion for importing liquefied natural gas (LNG), with the most recent discussions occurring last month.
BP, Reliance Natural Gas Project Offshore India to Reduce LNG Dependence
BP plc and Reliance Industries Ltd. on Thursday said they plan to bring 1 Bcf/d of natural gas capacity onstream between 2020 and 2022 from three deepwater gas fields offshore India that hold an estimated 3 Tcf of discoverable resource.
U.S. LNG Exports Set New High in February, DOE Data Show
During February U.S. exports of liquefied natural gas (LNG) edged up by 800 MMcf from January to reach a new high of 52 Bcf, according government data. Meanwhile, some researchers see headwinds to growing gas imports by No. 3 U.S. LNG importer China and No. 5 India.
Middle East-Indian Spot LNG Index to Launch During Second Quarter
Inter-dealer broker Tullett Prebon and Singapore Exchange (SGX) said Monday they will launch a spot pricing index for the Middle East and Indian liquefied natural gas (LNG) markets.
Nova Scotia Holds Out Hopes For European LNG Market
While the outlook for the North American liquefied natural gas (LNG) export business dims with every ratchet down in the price of oil and natural gas, sponsors of three proposed export terminals in Nova Scotia are convinced that when the turnaround comes, their straight shot across the Atlantic will give them an edge.
NatGas Not All That Glitters in Asia, IEA Chief Says
Cheap coal and expanding renewable energy are pinching natural gas in some places around the world, while “inefficient” markets for liquefied natural gas have “lagged,” International Energy Agency (IEA) Executive Director Fatih Birol said Wednesday in Tokyo.
Japan, India Partnering for LNG Buying Leverage
Ministers from Japan and India meeting in Tokyo Monday agreed for the liquefied natural gas (LNG)-consuming countries to work together to secure what they believe would be more equitable pricing for supplies.