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Liquified Natural Gas Latest News

The average LNG price for March delivery into north-east Asia fell to around $23.00 per metric million British thermal units (mmBtu), down $9.60 or nearly 30% from the previous week, industry sources said.

Asian Prices Fall Amid Chinese LNG Cargo Sale Tenders

IOC is investing 1 trillion Indian rupees ($13.49 billion) to raise its refining capacity by 25 million tonnes a year in next 2-5 year, Vaidya said, adding his company aims to maximise yields of chemical products.

Indian Oil Expands JV With Malaysia's Petronas To Focus On LNG Plants

India will gradually end central controls on gas pricing as it seeks to attract foreign investment and technology to lift local output, oil minister Dharmendra Pradhan said on Friday. India, which is a large emitter of greenhouse gases and has multiple gas pricing regimes, aims to raise the share of gas in its energy mix to 15% by 2030, from 6.2%. To boost gas usage, India is expanding infrastructure including building new liquefied natural gas (LNG) import plants and connecting households with an expanding gas pipe network.

India To End Central Control Of Gas Prices, Lift LNG Transport Use

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