OilPrice
Indian energy importers have reduced the volume of liquefied natural gas they buy from abroad as prices trend higher. Instead, they are buying more oil products, Bloomberg reported. Two energy majors—Gail India and Indian Oil Corp.—had recently canceled LNG purchase tenders because of the price, the publication noted in its report…
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India Cuts LNG Buying as Prices Climb
Margarete Mcnaught
18:21
Indian energy importers have reduced the volume of liquefied natural gas they buy from abroad as prices trend higher. Instead, they are buying more oil products, Bloomberg reported. Two energy majors—Gail India and Indian Oil Corp.—had recently canceled LNG purchase tenders because of the price, the publication noted in its report…
