LNG South Asia Market Analysis

LNG South Asia Market Analysis image

LNG South Asia Market Analysis

10/22/2019 | Author: Kaleem Asghar

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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:

 

 


About The Author

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Kaleem looks after LNG analytics product development and analysis. Kaleem has extensive experience in downstream oil & gas with focus on LNG, petrochemical & polymer trade and analytics. He was involved in LNG import infrastructure development in South Asia, with a focus on international trade, LNG origination and gas marketing. Kaleem holds a Master’s degree in Business Administration from the Institute of Business Administration, Karachi, Pakistan. He is a member of the Association of International Petroleum Negotiators.