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LNG terminals: Likely to face headwinds?
May 24: The glass is either half full or half empty. Depends eventually on your perspective
8The jury is still out on how Petronet LNG or for that matter other LNG terminals are going to fare in India
The following threats are noticed
8High oil prices will make LNG more expensive and in India demand is highly elastic to price
8A revival of relatively less expensive domestic gas production will squeeze demand for LNG
8As more terminals come out there will be rising competitive intensity in LNG re-gasification
8There can be a gradual LNG demand, beginning as of now with the commissioning of RIL’s petcoke gasification project.
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