Tuesday, June 30, 2020

India's Petronet looks to sign long-term LNG deal benchmarked to spot prices

India bought liquefied natural gas (LNG) under long-term contracts from Qatar and Australia at an average of USD 3.5-4.5 per million British thermal unit in the current quarter. Spot or current prices of LNG - gas turned into liquid at sub-zero temperature for ease of transporting in ships - are in the range of USD 2.

from Energy-Industry-Economic Times https://ift.tt/2ZBS7px

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