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India’s LNG imports seen at multiyear lows in August as prices undermine demand

September 6, 2022 Comments Off

LNG imports by India — the world’s third-biggest energy consumer — likely hovered near multiyear lows in August while natural gas inflows so far this year are also seen falling over 10% on the year, sources said citing the impact of shrinking global supplies and elevated prices. Buyers in the country, which meets nearly half of its annual LNG demand…