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India bought its most expensive LNG in history as Germany tookover Russian refinery - Printable Version

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India bought its most expensive LNG in history as Germany tookover Russian refinery - Levin - 23-09-2022

Jennifer Sor Sep 19, 2022, 9:30 PM


India is scrambling to replace canceled Russian gas deliveries, driving GAIL India to pay US$40 per million BTUs for LNG.

That's the most expensive LNG cargo to ship to India in history, traders told Bloomberg.

It's also a sign India is struggling to fill the hole in Russian supplies after a Gazprom branch was seized by Germany.


https://markets.businessinsider.com/news/commodities/india-replace-russian-gas-lng-shipment-gazprom-germany-energy-crisis-2022-9