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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.
NATURAL GAS
Indian gas consumption increased to a new high in 2023 with steel and other large industrials showing the largest share according to ICIS.
- Much of the increase came from domestic gas supply and probably reflects gas from new offshore fields can be marketed more freely than other domestic gas sources.
- Demand from fertilizer and city gas both increased in the year. City gas could need more LNG to continue growth if ONGC cannot raise its eastern offshore production.
- Uncertainty over European and east Asian demand growth from H2 '24 to H1 '25 could upset the current balance.
Source: ICIS
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.
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