India may benefit from low-priced LNG with Mundra start-up
Mundra is due to enter operation this week with the receipt of its first cargo that has already arrived in the vicinity. Wood Mackenzie touts the additional regas capacity from Mundra and two other projects as potentially allowing India to benefit from the import of cheap LNG cargoes sourced from the spot market
Mundra and a second new terminal, Jaigarh, are expected to come online this year, bolstering India’s LNG import capacity