CANADA TO PUBLISH FISCAL UPDATE ON DEC. 16

MNI BRIEF: Inflation Expectations Tick Higher - NY Fed

MNI BRIEF: China Passenger Car Sales Up In November Y/Y

MNI BRIEF: Mexico Inflation Down To 4.55% In November

MNI China Daily Summary: Monday, December 9

MNI BRIEF: China To Strengthen Policy Easing In 2025: Poliburo

MNI:US OCT WHOLESALE INV 0.2%; SALES -0.1%

EZ/UK Bond Supply Calendar: Austria, UK Auction on Tuesday

MNI BRIEF: China Nov CPI Slows To 5-Month Low Of 0.2% Y/Y

MNI EXCLUSIVE: EU-Mercosur Deal Close, But Likely Short-Lived - Officials

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

India Gas Importers May Finalise Long-Term LNG Deals at Industry Event

LNG

India’s gas importers may look to finalise several major long-term LNG supply contracts during India Energy Week starting Feb. 5, according to Platts.

  • Several deals are in the final stages of negotiations, most notable are talks of renewing the existing agreement Petronet-QatarEnergy contract for 8.5m mtpa expiring in 2028.
  • GAIL recently announced a 10-year deal with Vitol for 1m mtpa starting 2026 pricing at a 12.4-12.45% oil slope. GAIL also signed a 0.5m mtpa deal with Adnoc from 2026.
  • There is expectation that India-UAE LNG ties could be extended with the conference used as a platform to expand the earlier deal, Platts said.
  • At present with deals already signed, around 40% of forecast demand will be uncontrolled by the end of the decade, according to Platts analysts.
  • India plans to raise its share of gas to 15% of the energy mix by 2030, compared to 6% in 2023.
Energy BulletsPower BulletsCommodities
Energy BulletsPower BulletsCommodities

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.