India’s LNG imports increased by 20% in May on an annual basis, according to statistics published by the Department of Commerce.
Indian LNG imports, May 2017
|Country||Volume, tons||Value, $ million||Cost, $/MMBtu||Cost in 2016, $/MMBtu||Cost in 2015, $/MMBtu|
The average price that India paid for LNG fell for the third consecutive month in May, to $7.05/MMBtu. This is 23% higher year on year as prices bottomed out at $5.39/MMBtu in May 2016 as a result of falling...
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