Natural Gas South Asia
RSS
The prospect of a shorter land route for oil and gas imports to China has emerged with the Chinese takeover of the port of Gwadar.
Latest South Asia News
- Pakistan makes two promising gas discoveries in July
- India’s KG-D6 output still falling, dragging Reliance’s results
- Gail set to import spot vessels
- India expected to raise subsidies following gas price hike
- India, Pakistan talks on gas deal remain questionable
- Gail asks Petronet to renegotiate costly Gorgon LNG deal
Bold reforms in two of the world’s fastest growing gas markets could reconnect domestic prices to the international markets, boosting LNG consumption and domestic production.
India bowed to the upstream industry’s demands this week and doubled the benchmark price for domestic gas production. While the move is not a cure-all, it could quell uncertainties for potential foreign investors.
The dominance of coal in India’s energy mix will be a hurdle to the country becoming a gas-based economy, despite its ambitions to develop domestic shale gas resources.
