Go Unlimited with Magzter GOLD
Get unlimited access to 10,000+ magazines, newspapers and Premium stories for just
Try GOLD - Free
Experts Raise Concerns Over Cost Viability of US Supply of Oil, LNG
The New Indian Express Vellore
|February 18, 2025
WITH the US pushing for significantly increasing its oil and gas supplies to India, experts have questioned the cost viability of the proposal.
They said the US, currently India's fifth-largest crude oil supplier, may become a costly import option for Indian refiners due to higher landing costs as against traditional suppliers in Central Asia or Russia, which offer significant discounts. However, they still see possibilities of increasing imports from the North American country.
Gaurav Moda, partner and Leader of the Energy Sector, EY-Pantheon, says that increasing crude imports from the USA is possible, as it was done earlier with aligned interests. According to him, LNG can be sourced more quickly, but sourcing WTI crude requires more effort.
This story is from the February 18, 2025 edition of The New Indian Express Vellore.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM The New Indian Express Vellore
The New Indian Express Vellore
Decision to invest in Adani Group companies taken independently: LIC
LIFE Insurance Corporation of India (LIC) on Saturday denied all allegations of infusing money into the Adani Group, as reported by The Washington Post.
1 min
October 26, 2025
The New Indian Express Vellore
A Rhythm for Reverence
Lavani Ke Rang breaks Lavani away from the popular perception that it is obscene and vulgar, while retaining its sensual spirit
3 mins
October 26, 2025
The New Indian Express Vellore
Star Trek
India's fascination with the stars continues to inspire curiosity and exploration
1 min
October 26, 2025
The New Indian Express Vellore
Vimal, Pradosh slam tons for TN vs Nagaland
TAMIL Nadu are in the driver’s seat against Nagaland as they posted 399/2 after Stumps at Day 1 at the BCCI CoE in Bengaluru on Saturday. Tons by R Vimal Khumar (189) and Pradosh Ranjan Paul (156 batting) were the highlights of the day.
2 mins
October 26, 2025
The New Indian Express Vellore
13 foreign nationals among 20 held as cops raid Gujarat rave party
POLICE raided a farmhouse on the outskirts of Ahmedabad city and arrested 20 people, including 13 African nationals, for allegedly consuming liquor during a late-night party.
1 mins
October 26, 2025
The New Indian Express Vellore
Looking Backward, Moving Forward
Yesterday, I did something uncharacteristic. Stepping away from the familiar bustle of London, I wandered into Rotherhithe. In the churchyard of St. Mary’s, I encountered a statue that made me stop in awe.
2 mins
October 26, 2025
The New Indian Express Vellore
Print media ad rates may go up by 27%, notification after Bihar polls
'Television rating system will also be improved'
2 mins
October 26, 2025
The New Indian Express Vellore
1 held for Maha doctor rape, cop on run
Accused sent to police custody till October 28
1 mins
October 26, 2025
The New Indian Express Vellore
THE DIPLOMATIC DANCE OF AVOIDANCE
N the glittering corridors of Kuala Lumpur’s convention centres, where Southeast Asia’s leaders will converge to chart a multipolar future, an empty chair will speak volumes. Prime Minister Narendra Modi—the indefatigable globetrotter who has crisscrossed continents to etch India’s imprint on the world—will address the 47th ASEAN Summit and the 22nd ASEAN-India Summit virtually.
4 mins
October 26, 2025
The New Indian Express Vellore
Link between diabetes & brain health under lens
IT isa known fact that diabetes affects multiple body parts, including the heart, kidneys, eyes, nerves, and feet. But does it influence cognitive decline and neurological diseases, including dementia and Alzheimer’s disease?
2 mins
October 26, 2025
Listen
Translate
Change font size