Soaring global LNG prices push India’s regasification plan off track

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Lofty global LNG prices and limited supplies threaten to derail India’s regasification capacity plans, with existing regas levels running low and some of the previously planned new volume additions progressing at a slower pace, an analysis by S&P Global Commodity Insights showed. The recent price hike and tight market conditions have impeded infrastructure growth in emerging markets like India, Ayush…