Oil Price: Something Has to Give in the LNG Market

29 April 2016: “…To some LNG enthusiasts that’s no reason to give up; after all, the unfulfilled potential remains. True; but the key to success has been elusive, as explained by a recent study by Poten & Partners, ‘Unlocking the Indian Market’: “‘The development of the Indian LNG market has seen successes, most notably, the Dahej and Hazira import terminals and their associated imports. But efforts to develop the market have been distinguished by their difficulty. The Dabhol terminal is far underutilized, long after it was finally brought on stream. The Kochi terminal was just completed, but cannot deliver as the offtake pipeline was never built—and there is no indication when it will be. Other proposed import ventures could ring the subcontinent like a necklace, but remain on the drawing board.'”