
Rystad: LNG maintains grip on fuels despite dual fuel growth
Rystad energy reports that despite the growth in dual fuels, LNG remains supreme in terms of shipping fuel choices.
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Tellurian has announced that it has signed an MOU with Petronet LNG Limited INDIA (PLL), wherein PLL is exploring the possibility of investment in the proposed Driftwood LNG project.

India’s Petronet LNG is seeking to sign a 1 million t US LNG purchase deal in a year’s time.
India’s Petronet LNG is looking to order nine cargoes of LNG for delivery throughout 2019.

Petronet process highest ever quantity of LNG and record highest ever profit before and after tax for nine months ended 31 December 2017.

According to Reuters, India has renegotiated the price of LNG from the Gorgon project in Australia, in order to make it more affordable for price-sensitive domestic customers.

Petronet LNG posted a 15.8% rise in net profit for the quarter ended 30 June.

Petronet LNG buys 8.5 million tpy of LNG from Qatar under a long-term contract

The company has recently completed the acquisition of a 26% stake in LNG vessel Prachi.

A new LNG carrier has been delivered for Petronet LNG.