Highlights India’s 2022 LNG imports to drop 13% on year: S&P Global Demand destruction sets in amid high prices Players forced to ration supplies, optimize current term supplies LNG imports by India — the world’s third-biggest energy consumer — likely hovered near multiyear lows in August while natural gas inflows so far this year are also seen falling over 10% on the year, sources said citing the impact of shrinking global supplies and elevated prices. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now Buyers in the country, which meets nearly half of its annual LNG demand through imports, haven’t awarded most of their buy-tenders for spot cargoes this year and have neither made an outright spot purchase since July, according to industry participants. The most recent buy-tenders awarded were by GAIL and GSPC concluded in late-July for August and September deliveries, respectively. The […]