Здравствуйте. Вся информация этого сайта бесплатна. Вы можете сделать пожертвование и поддержать наше развитие. Спасибо.

Hello. All information of this site is free of charge. You can make a donation and support our development. Thank you.

2016-10-24 18:30:00

INDIA'S LNG IMPORTS UP 33%

INDIA'S LNG IMPORTS UP 33%

NGW wrote, India's LNG imports continue double digit year-on-year growth as low prices attract buyers. According to latest data published by oil ministry's Petroleum Planning and Analysis Cell (PPAC), LNG imports in September were 2.37bn m³, up almost 33% compared with the same month last year. Cumulative imports too remain substantially higher. For the April-September period, India's LNG imports were 12.7bn m³, up almost by 27% on year.

The cost of importing LNG has dropped sharply this year after New Delhi signed a revised long term contract with Doha. Qatar is the largest supplier of LNG to India. Given the backdrop of low global LNG prices, Petronet LNG insisted on renegotiating its long-term contract with RasGas. In December and the two parties have signed a revised deal. The revised formula bases the price on a three-month average figure of Brent crude oil, replacing a five-year average of a basket of crude imported by Japan.

India has four operational LNG terminals: Dahej, Hazira and Dabhol in northwest India, and Kochi in the southern state of Kerala. According to a document released by the oil ministry on June 3, India's LNG terminal capacity could more than double by 2022 as existing terminals expand capacity and new ones get commissioned.

Domestic production
India's gross gas output in September stood at 2.6bn m³, down almost 6% year-on-year. Cumulative output for April-September was 15.72bn m³, down about 4.4% on the same period of previous year.

-----

Earlier: 

ROSNEFT WILL BUY INDIA 

ROSNEFT'S STRATEGIC INVESTMENT 

ROSNEFT SOLD $2 BLN 

INDIA APPROVED $3 BLN 

LNG TO INDIA: UP 35%

 

 

Tags: INDIA, LNG, GAS, IMPORT
INDIA'S LNG IMPORTS UP 33% September, 21, 11:00:00

OIL PRICE: NEAR $79 STILL

INDIA'S LNG IMPORTS UP 33% September, 21, 10:55:00

RUSSIA'S OIL PRODUCTION: 11.3 MBD

INDIA'S LNG IMPORTS UP 33% September, 21, 10:45:00

UNEXPECTED OIL PRICES

INDIA'S LNG IMPORTS UP 33% September, 21, 10:40:00

OIL MARKET UNCERTAINTY

INDIA'S LNG IMPORTS UP 33% September, 21, 10:35:00

OPEC-NON-OPEC DECISIONS

INDIA'S LNG IMPORTS UP 33% September, 21, 10:30:00

U.S. CAPITAL EXPENDITURES UP

All Publications »

Chronicle:

INDIA'S LNG IMPORTS UP 33%
2018, September, 21, 10:25:00

U.S. ENERGY CASH: $119 BLN

U.S. EIA - Energy companies’ free cash flow—the difference between cash from operations and capital expenditure—was $119 billion for the four quarters ending June 30, 2018, the largest four-quarter sum during 2013–18 Companies reduced debt for seven consecutive quarters, contributing to the lowest long-term debt-to-equity ratio since third-quarter 2014

INDIA'S LNG IMPORTS UP 33%
2018, September, 21, 10:20:00

WORLD OIL DEMAND: 100.23 MBD

OPEC - Total oil demand for 2018 is now estimated at 98.82 mb/d. In 2019, world oil demand growth is forecast to rise by 1.41 mb/d. Total world oil demand in 2019 is now projected to surpass 100 mb/d for the first time and reach 100.23 mb/d.

INDIA'S LNG IMPORTS UP 33%
2018, September, 21, 10:15:00

IRAQ'S OIL: NO RECORD

ARAB NEWS - Oil exports from southern Iraq are heading for a record high this month, two industry sources said, adding to signs that OPEC’s second-largest producer is following through on a deal to raise supply and local unrest is not affecting shipments.

INDIA'S LNG IMPORTS UP 33%
2018, September, 21, 10:10:00

NATURAL GAS EXPORT UP

PLATTS - The International Energy Agency expects the US to account for 75% of the global growth in natural gas exports over the next five years, a bullish outlook for LNG developers facing challenges at home getting projects off the ground and abroad with tariffs affecting trade flows.

All Publications »