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India's October LNG imports are forecast to reach a record 2.8 million tonnes

Mountain Time
Local time
8:00 PM UTC
Where
India

OilPrice reported that India’s LNG imports are expected to reach 2.8 million tonnes in October, up 18% from a year earlier. The outlet said arrivals from Qatar and the UAE were rising month on month as Gulf flows gradually recovered, while Asian benchmark LNG prices stood around $33 per million British thermal units.

Why it matters

Record Indian purchases add demand to an already expensive Asian LNG market, making the pace and security of restored Gulf cargo flows consequential for regional gas buyers.

Source

Confidence: Published by a named news organization. Not yet independently confirmed. About confidence labels