LNG price at $20: All round bad news – 3 Sep 2021

LNG prices are ruling very high, near $20/mmbtu levels.

The price dynamics are explained through a series of illustrations, something that Indian gas analysts must have a look

Then again, it is not just in India that demand is drying up, demand is also drying up for trucked LNG, as also for the energy-intensive ceramic industry

In this context, the Indian ceramic industry, based out of Morbi should consider itself lucky that the supplier has been able to do a mix of long term and spot cargoes to keep the price increase minimal