India will pay a delivered price of at least US$3.40 per British thermal unit (mBtu) for liquefied natural gas (LNG) in a US$40-billion import deal with Iran Ð a rate higher than the US$3.27-per-mBtu quoted by Malaysia’s Petronas last year Ð the Press Trust of India (PTI) quoted industry sources as saying. New Delhi…
INDIA: Costlier LNG from Iran in exchange for access to oil fields
Posted on January 26, 2005 by EnergyAsia