All content in this website is sourced legitimately

Page No: 1
$ 23 billion investment in KG Gas: It will be a tightrope walk
Jul 31: The estimated landed price in India in June for LNG is pegged at $ 5.50/mmbtu
8This price has been arrived at based on a netback calculation
8With net global LNG oversupply now projected to last until 2025 or even beyond, the likely breakeven gas price that India's nearly $ 23 billion in upstream investment that is now potentially lined up in Eastern Offshore will have to look for is $5.50 or even lower.
8This is going to be a tightrope walk for gas producers, given that the discoveries are in deep waters, rough weather and treacherous geology.
Click on Reports for more


Back  |  Top