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Are India's LNG imports getting to be price inelastic?
Mar 28:
Has India's LNG imports become somewhat price inelastic?
8A 16% rise in LNG imports at a time when spot prices were ruling high could well indicate a secular base level demand for LNG
8But critics claim that the rise in LNG demand could be to plug the shortfall in domestic demand
8Still others claim that the bulk of India's imports are shielded by oil indexed LNG imports from Qatar.
Click on Reports for a full analysis of India's gas consumption behaviour, in terms of latest imports, production and consumption data over different industrial segments
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8A 16% rise in LNG imports at a time when spot prices were ruling high could well indicate a secular base level demand for LNG
8But critics claim that the rise in LNG demand could be to plug the shortfall in domestic demand
8Still others claim that the bulk of India's imports are shielded by oil indexed LNG imports from Qatar.
Click on Reports for a full analysis of India's gas consumption behaviour, in terms of latest imports, production and consumption data over different industrial segments
