Australian regulators released a set of recommendations on gas markets this week, upping the pressure on producers in the east and south of the country.
The recent convergence of regional gas prices has made the need for global LNG pricing benchmarks less pressing.
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India is hoping its ‘smart cities’ initiative will lighten the load for those using LPG domestically. (PA)
An ambitious urban renewal programme could help boost India’s gas demand, but significant investment in infrastructure will be needed to guarantee supply to local distributors.
The Indian government has selected 20 regions from a shortlist of 98 as the first to be developed into ‘smart cities’.