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India’s LNG costs surge to $26.4 per mmBtu despite efforts to protect supplies
Source: Business Today · 10 hr ago
Summary
LNG tender prices in India jumped from the mid‑$16‑$18 per mmBtu range earlier in the year to $26.4 per mmBtu by September. The increase is linked to supply disruptions caused by the West Asia conflict, which affected deliveries from Qatar and the UAE and limited shipments through the Strait of Hormuz.
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From the original report
LNG tender prices rose from $16.8–$18.8 per mmBtu between March and June to $26.4 in September, as the West Asia conflict disrupted supplies from Qatar and the UAE and restricted shipments through the Strait of Hormuz.
Excerpt from Business Today.
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