Bulletin Updates

LNG prices shoot up and are likely to stay high: And India is a price sensitive market – 25 Jun 2021

Jun 25, 2021

LNG prices have begun going up for India

And it is a price sensitive market, so the impact will be felt down the line

And our projections show that prices are not falling anytime soon

Long term Brent-attached gas prices are slightly lower but by the time they land at factory gates, with tax and transportation charges included, it is a high $14/mmbtu or so

For spot cargoes, it is worse still

At these kind of prices, alternative feedstock prices, such as LPG, may be more lucrative unless those prices rise too in tandem with higher crude prices

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