ExxonMobil predicts that, by 2030, China’s LNG imports will “probably exceed” 90mn t/yr—50pc growth even from 2019.

With India’s growing gas demand outstripping domestic production, LNG is playing an increasingly important role.

Gas accounts for little over 6pc of India’s primary energy consumption mix, which is far below the global average. New Delhi has set a target to raise this to 15pc by 2030,

Your Excellency, Prime Minister Modi, OPEC is a reliable partner of India and the great strategy you set out for your esteemed country. Long may this relationship continue to blossom.

The US was the fifth-largest supplier of LNG to India in 2019, according to the Department of Energy.

Foreign direct investment (FDI), a bellwether of globalisation and economic confidence, fell by 49 per cent to $399 billion in the first half of 2020,

The Asia and Pacific region is also starting to recover tentatively, but at multiple speeds. Economic activity is expected to contract by −2.2 percent in 2020, due to a sharper-than-expected downturn in key emerging markets, and to grow by 6.9 percent in 2021—0.6 percentage point lower and 0.3 percentage point higher, respectively,

Farzad-B gas field was discovered by a consortium of three Indian companies ONGC, Oil India Limited and Indian Oil Corporation in 2008 in the Farsi offshore block of the Persian Gulf. Tehran and New Delhi have since negotiated the terms of the field’s development for years.

Real GDP for oil exporters including Saudi Arabia and Iran will shrink 6.6% this year,

Влияние стран БРИКС на международной арене возрастает ввиду растущей экономической мощи государств-участников – сегодня страны БРИКС составляют почти четверть общемирового ВВП, больше трети мирового потребления и производства энергии.

Asia-Pacific [market] is rallying because of recovering demand, better than in October and ATC was also looking for cargoes, lending support to CPs

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India's LNG demand for power generation has been robust this year as power plants looked to capitalize on record low LNG prices, helping boost margins at prevailing electricity prices.

TAPI was first proposed 22 years ago when Turkmenistan and Pakistan initialed a memorandum of understanding

The last time India witnessed negative growth in oil demand was in 2001 when consumption had fallen marginally from 2000 levels.