HomeNewsIndian LNG demand has questions to answer

You have reached your limit of free News posts.

Please sign up for one of our PREMIUM SUBSCRIPTIONS to continue your access to Global Energy Infrastructure. 

Indian LNG demand has questions to answer

3/6/2024

by Seth Haskell, Research Analyst, Global Energy Infrastructure    The large LNG SPA renewal between state-owned QatarEnergy and Petronet turned heads at India Energy Week in early February. The Indian importer agreed to buy 7.5mt/yr from Qatar until 2050, renewing earlier deals that had started in 2004 and 2008. QatarEnergy followed up the deal a few weeks later by announcing it would build an additional 16mt/yr of capacity on top of the 50mt/yr North Field East and North Field South expansions already underway. Petronet’s CEO said in February that he expected LNG demand in India to rise to 150mt/yr by 2030, a sevenfold increase. With approximately 200mt/yr of new LNG export capacity un

LOG IN to view this news article.

Not Yet A Subscriber? Here are Your Options.

1) Sign up to receive our monthly newsletter here and gain access to all articles and resources.

2) SUBSCRIBE to Global Energy Infrastructure and gain ACCESS to premium data for the energy industry.*

 

*Access will be granted the next business day.