Qatar crisis not to affect LNG exports to India, China
The Dollar Business Bureau With the recent crisis in Qatar of boycotting Doha by four Arab nations, liquefied natural gas (LNG) exports from the country to the Asian countries including India, China, Japan and South Korea, have not to be impacted, said a Qatari official. “Exports of liquefied natural gas (LNG) to India, Japan, China and South Korea have not been affected by the boycott of Qatar by four Arab states, said Qatar’s Energy Minister Mohammed al-Sada on Monday. The Minister said that the exports from Qatar to the four Asian nations make up for around three-fourth of the country's overall exports. Qatar’s exports to the Bahrain, Saudi Arabia and the United Arab Emirates account for only 8%, al-Sada said in a statement. “Qatar remains committed to all its agreements with its partners and is determined to ...
Indias gas importers benefiting from easing prices
The Dollar Business Bureau Gas importers from India are benefiting from the easing of Liquefied Natural Gas (LNG) prices with expectations of good profits in the next few months, states a report by Nomura Holdings, a Japanese financial holding company. India’s largest government-owned natural gas processing company Gas Authority of India Limited (GAIL) is all set to have a strong comeback after the weakest performance in the last year, Nomura said in its international market research report. According to it, GAIL is benefiting from lower LNG price in the local market as well as the imports. The strengthening of the petrochemical product price is also benefiting this natural gas transportation company. It has benefited from 60% dip in the new LNG contract prices ...
India seeks affordable LNG import from Australia
Union Minister Piyush Goyal is leading a delegation for the 3rd India-Australia Energy Security dialogue in Australia. The Dollar Business Bureau On Tuesdya, the Indian minister met Queensland Premier and said that India is running the worlds largest renewable energy expansion programme and would welcome cost competitive supply of gas from AustraliaIndia is willing to consider long-term fixed price contracts for the supply of gas from Australia to ensure power for all at affordable price, Union Minister of State for Coal, Power and New and Renewable Energy Piyush Goyal has said. Goyal is leading a delegation for the 3rd India-Australia Energy Security dialogue in Australia. On Tuesdya, he met Queensland Premier Annastacia Palaszczuk and said that India is running the worlds largest ...
