Asia cuts LNG buying, but $26 gas sends Europe shopping
High spot LNG prices are causing buyers in China and South Asia to reduce their purchases.
© 2026 nimisham.in
High spot LNG prices are causing buyers in China and South Asia to reduce their purchases.

Compressed Natural Gas (CNG) will cost Rs 2 more per kg in Pune, Pimpri-Chinchwad and neighbouring areas from September 1, Maharashtra Natural Gas Limited (MNGL) said on Monday. The new rate will be Rs 97.75 per kg, inclusive of all taxes
Indian energy companies are paying more than $23 per mmbtu for September LNG cargoes, among the highest prices for imports since 2022, as the Iran war disrupts global supplies. GAIL India and Gujarat State Petroleum Corp
GAIL's Chairman Deepak Gupta highlighted the company's role in nation-building. The state-owned firm is reinforcing India's energy resilience through its LNG portfolio
BP will sell a stake in a Venezuelan gas field to Trinidad's National Gas Company. This agreement follows Venezuela granting BP a license to develop the Cocuina-Manakin field