India lockdown to slow Asia LNG demand
India has been one of the rare bright spots for the liquefied natural gas trade since the start of the year, with buyers seen grabbing cheap spot cargoes during the coronavirus outbreak. But a three-week national lockdown starting today is seen as marking the start of slowing LNG demand growth across the country
India, with its limited liquefied natural gas import and distribution infrastructure, is seen as a ‘swing buyer’. It was prompted to enter the market in the recent months when prices fell through the floor
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