India Looks To Import More LNG Amid Rising Demand ...Middle East

Gas demand from households in cities and from the transportation sector in India is currently outpacing supply, which has prompted the government to mandate state-held GAIL (India) Limited to import more LNG and buy gas from difficult-to-source local gas fields.   According to a government order cited by Reuters, GAIL, a natural gas explorer and producer responsible for natural gas processing and distribution in India, will source more gas from harder-to-operate fields at a price set lower than the spot LNG prices. “For any further requirement,…

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