Govt likely to review long-term LNG contract prices: Dharmendra Pradhan
New Delhi: India will look at reviewing the pricing of its long-term liquefied natural gas (LNG) deals at an “appropriate time” due to a fall in spot prices, oil minister Dharmendra Pradhan said on Monday.
“We will look at reviewing long-term LNG contracts,” Pradhan said at a natural gas event in New Delhi.
The spot price of imported LNG into Japan, one of world’s biggest importers of the super-cooled fuel, has more than halved in the last year.
