Riveria Maritime News: Despite lockdown, LNG imports to India up 20% in March

May 4, 2020

LNG demand in India was expected to reach 25 mta in 2020 under a base case scenario, according to Poten & Partners short-term forecasting manager Kristine Holmquist in a recent podcast. However, Covid-19 demand destruction could well send the country’s demand to 23 mta, lower than 2019 levels. Ms Holmquist said LNG demand would recover in 2021 and 2022, but not to the base-case levels Poten & Partners had previously forecast.

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