Southeast Asia’s procurement plans marches on even as India considers alternative fuels

A rise in global LNG prices has shown diverging behavior in LNG procurement with Southeast Asian countries continuing with their buying plans whereas Indian purchasing moves gingerly given its sensitivity to higher prices. Global LNG prices have been on a boil as market participants assessed the risk of the Hamas-Israel conflict on LNG and as traders and portfolio companies optimize… A rise in global LNG prices has shown diverging behavior in LNG procurement with Southeast Asian countries continuing with their buying plans whereas Indian purchasing moves gingerly given its sensitivity to higher prices. Global LNG prices have been on a boil as market participants assessed the risk of the Hamas-Israel conflict on LNG and as traders and portfolio companies optimize… Read More