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LNG faces headwinds in India-III: New terminals coming up at the wrong time?
Aug 04: The outlook does seem to be very bright just now for LNG terminals in India
8What about Petronet LNG?
8The differential between spot LNG prices and oil indexed Qatar based LNG is going to bite, leading to lower offtake of contracted LNG
8Then again, with new terminals coming up, an increase in regasification tariffs will become difficult
8The website also carries here the latest commissioning dates and cost of new LNG terminals coming up
8The outlook for them, including Petronet LNG, will have to be reassessed given slowing demand and an avalanche of local supply
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