LNG South Asia Market Analysis

Share on twitter
Share on linkedin

India imported 1.87 million tons of LNG in September, with 32 vessels arriving at different terminals across the country. Petronet procured 11 vessels, while there were seven for Gail, six for GSPC, three for Reliance, two for IOC and one each for Essar Steel, Torrent Power and BPCL.

In terms of suppliers, the Middle East was the largest, sending 17 cargoes, followed by West Africa with nine. Pakistan imported 16 cargoes of LNG last month, with 10 cargoes going to Pakistan LNG and six going to Pakistan State Oil.

Price analysis based upon customs data of India and Pakistan is illustrated below: