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Gas lobby at work-II: Cost economics favour LNG, it claims
Mar 13: How does natural gas or LNG compete with liquid fuels in terms of price competitiveness?
8A set of calculations seems to show that up to 23 MMTPA of liquid fuels can be replaced, including diesel and petrol
8The substitution can happen at a curve of 13% to the price of crude.
8The potential economic gain has estimated at a $3.7 billion
8Working backwards, what kind of price parity is possible to work out?
8For a better analysis liquid fuel prices are converted to $/mmbtu and it is seen that LNG is significantly cheaper to its liquid fuel equivalents such as LPG, diesel, FO and oil
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