Lng Price
GAIL does well; tariffs, volumes may moderate
GAIL's management highlighted that the growth was driven by a one-off spike in LNG demand from the power sector, it expects volume and tariff to moderate from 2QFY18 levels
1 min read17 Nov 2017India pitches for pricing flexibility in LNG contracts
Oil minister Dharmendra Pradhan urges for flexible terms such as pricing review, flexible take or pay, abolition of destination restriction clause in LNG contracts
2 min read18 Oct 2017‘Undersea Iran-India gas pipeline can bring cheaper LNG to India'
Former oil secretary T.N.R. Rao says LNG import through the Iran-India gas pipeline would cost $5-5.50 per mBtu, which is cheaper than domestic gas
2 min read5 Sep 2017LNG price row between India, US crimps Donald Trump's export aims
India's GAIL has deals to buy 5.8 million tonnes of US LNG per annum for 20 years, mostly with Cheniere, but is now asking to re-negotiate the price
3 min read30 Jun 2017India asks Oman to cut gas price in line with global slump
The price of LNG from Qatar comes close to $13 per million British thermal unit as compared to the $6-7 rate at which it is available in the spot or current market
1 min read29 Oct 2015Asian LNG prices seen falling by up to 30% in 2015
New LNG production has been coming on stream, meaning tight supply that had been expected to last until the end of the decade are ending more quickly
2 min read10 Dec 2014Wait for it…
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