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India Cuts Purchase of LNG
Financial Express Pune
|April 25, 2025
INDIAN ENERGY IMPORTERS are switching from expensive liquefied natural gas to cheaper oil products, a move that will help ease tight global supplies of the super-chilled fuel.
Buyers including Gail India and Indian Oil cancelled LNG purchase tenders due to high prices, according to people with knowledge of the matter who didn't wish to be named due to the sensitivity of the trade.
This story is from the April 25, 2025 edition of Financial Express Pune.
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