Coronavirus Lockdown Forces India To Halt LNG Imports
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Indian liquefied natural gas importers have declared force majeure on imports as a nationwide lockdown on the 1.3 billion-strong nation has slashed consumption of the fuel, Reuters reported, citing an unnamed source familiar with the situation. India is among the largest importers of liquefied natural gas, as is China, where importers issued a force majeure on imports earlier this year, in the peak of the coronavirus outbreak. This force majeure will immediately place additional pressure on already depressed gas prices, suffering…
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