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Where will future LNG supplies to India come from?
May 17: Where should India look for its LNG supplies in the future?
8Should it be the US or should it be Australia or should it be Qatar or Africa?
8The delivered cost of LNG from Qatar going up to 2040 will be very significantly cheaper than from the US and other places
8But it is not the delivered cost but the equilibrium price that matters
8A trade flow map right up to 2040 shows India's LNG flows concentrated from only a few sources
8And if Qatar wants to monopolize the Indian market, it can do so quite easily.
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