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04 Apr
20:52

Lower spot prices help increase Indian LNG demand

Long-term liquefied natural gas (LNG) prices can lose competitiveness in India following the drop in LNG spot prices in international markets to $5-6 per million British thermal units (MMBtu). So says analysts Indian Ratings & Research (Ind-Ra) in a report monitored by Kallanish Steel's sister publication Kallanish Energy. The Fitch Group company says in a report that spot prices are around 15-21% cheaper than long-term LNG. Ind-Ra estimates prices for l…
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