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Tag "LNG contracts"

India’s green vision to see full duty exemption on LNG

India’s green vision to see full duty exemption on LNG

🕔18:07, 30.May 2019

New Delhi, May 30 (IANS) In a bid to promote a gas-based economy, the new Government may cut customs duty on liquefied natural gas (LNG) to zero per cent from 2.5 per cent, to cut cost of power further and aid

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India urges pricing flexibility, review clause in LNG contracts

India urges pricing flexibility, review clause in LNG contracts

🕔11:11, 19.Oct 2017

Tokyo, Oct 18 (IANS) Given the transformation in the global LNG market into a situation of oversupply, India on Wednesday called for flexible terms for gas purchases, including the provision of a pricing review, “take or pay” terms and abolition of

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