US imports of liquefied natural gas have almost doubled since the commencement of the year, putting pressure on a domestic market already hit by weak demand and dipping prices . For full story, click here
India may rank among the largest markets for spot cargoes of liquefied natural gas this year as Japan, South Korea and Spain slash purchases. For full story, click here
US LNG imports dipped 55% in 2008 to 351 Bcf from 770 Bcf in 2007. The amount of natural gas in US inventories as of February 27, 2009 was 1,793 billion cubic feet, which is 13.8% above the 5-year average. For full story, click here
India’s import of Liquefied Natural Gas (LNG) could more than double this year due to the rise in supply globally, say market players. For full story, click here
Tuesday, May 26, 2009