India Cuts LNG Buying as Prices Climb

India Cuts LNG Buying as Prices Climb

Indian energy importers have reduced the volume of liquefied natural gas they buy from abroad as prices trend higher. Instead, they are buying more oil products, Bloomberg reported. Two energy majors—Gail India and Indian Oil Corp.—had recently canceled LNG purchase tenders because of the price, the publication noted in its report, citing unnamed sources. As a result, India’s total LNG imports for April are seen 5% lower than a year ago, at 1.9 …

India Cuts LNG Buying as Other Fuels Become More Attractive

Indian energy importers are switching from pricey liquefied natural gas to cheaper oil products, a move that will help ease tight global supplies of the super-chilled fuel.

India Cuts LNG Imports as Other Fuels Become More Attractive

Indian energy importers are switching from pricey LNG to cheaper oil products, a move that will help ease tight global supplies of the super-chilled fuel.

National Energy vessel for work in Africa

The National Energy Explorer, one of National Energy’s fast crew supply vessels, was earlier this month awarded a charter to support offshore operations in West Africa.

India Accelerates Energy Push into Africa as Global Markets Shift

India Accelerates Energy Push into Africa as Global Markets Shift