High spot prices are keeping LNG imports under check – 25 Aug 2021

High spot prices are keeping LNG imports at check

Upcoming cargoes as recorded by this website are at their lowest levels so far this year

And all of them are cargoes coming in under long term contracts, prices of which are far lower than ruling spot prices

The fact that India is a highly price-sensitive market is evident from the fact that July saw a lower volume of imports compared to COVID impacted July of the previous year, and yet the price paid this July was significantly higher

Also, get the list of US cargoes headed to India