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Naphtha-spot LNG differential: Suppliers can push more gas to industrial clients
Jun 13: LNG spot price and naphtha price differentials have widened in India ever since January on accounting of increasing oil prices and falling LNG prices
8According to data carried here by this website, the differential was non-existent in January but has widened in April and there is still a reasonable gap of late even though oil prices are on the decline
8Spot LNG prices were above the $9/mmbtu level in January but has fallen rapidly since, thereby ensuring that the differential between the two competing fuels remain high.
8This is a good time for suppliers to push through gas supplies to industrial users with dual-use furnaces.
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