LNG glut to turn to shortage: Why is it bad news for India?
The much-predicted LNG glut is not happening now 8Latest projections are that the glut may actually translate into scarcity. 8The demand-supply gap is likely to be plugged earlier now, by the early 2020s and a crunch seems to be coming up ahead. 8There are not enough new LNG projects coming up to handle the supply crunch looming ahead 8Find out more how LNG demand-supply projections have been turned dramatically in rising Asian demand, particularly from China 8But higher prices do not augur well for India, where the market is highly price sensitive. Liquid fuels will replace gas if the latter is priced higher. Click on Reports for more