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Indian buyers delay LNG deals, waiting for lower prices from expected U.S. and Qatari supply increases.
Indian LNG importers, including Gail India and Bharat Petroleum, are delaying new contracts amid expectations of a record global supply surge, aiming to secure lower prices.
Buyers are waiting for increased availability from U.S. and Qatari exports, anticipating a more competitive market.
This pause reflects strategic patience, not reduced demand, as India seeks to expand cleaner energy use.
Analysts expect the supply boost could stabilize prices and support India’s 2030 energy goals, with potential for greater LNG adoption if affordable options emerge.
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Los compradores indios retrasan los acuerdos de GNL, esperando precios más bajos de los aumentos de suministro esperados de EE.UU. y Qatar.