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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.
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Free AccessIndia LNG Consumption Rose 2.7% m/m in May: PPAC
India’s LNG consumption in May edged up by 2.7% from April and just 0.3% higher on the year to 5.708bcm, according to data from the Petroleum Planning and Analysis Cell.
- Imports were unchanged on the month at 2.65bcm, representing a fall of 7.1% on the year.
- Net production was up 5.2% on the month and 7.8% on the year at 3.058bcm.
- LNG imports are expected to rise sharply in the next two years driven by gas fired power from policy measures and gas flexibility, according to Reuters last week. LNG demand is set to increase by 19% in 2024 to more than 28m metric tons in 2025, according to ICIS.
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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.