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India buys its most expensive LNG in years as war upends market
Indian energy companies are paying more than $23 per mmbtu for September LNG cargoes, among the highest prices for imports since 2022, as the Iran war disrupts global supplies. GAIL India and Gujarat State Petroleum Corp. have bought cargoes at these levels, while Bharat Petroleum has also purchased LNG from the spot market.
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economictimes.indiatimes.com
India buys its most expensive LNG in years as war upends market
Indian energy companies are paying more than $23 per mmbtu for September LNG cargoes, among the highest prices for imports since 2022, as the Iran war disrupts global supplies.…
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timesofindia.indiatimes.com
‘Most expensive in years’: Iran war, Hormuz closure forces India to pay high prices for LNG
Middle East war impact: The ongoing marine traffic disruptions in the Strait of Hormuz due to the US-Iran conflict are forcing India’s energy majors to purchase liquified natural…