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After a blackout, warnings of crisis in Pakistan India may see 2-3 less LNG cargoes in Feb-March than normal AHMEDABAD, India/DHAKA/KARACHI, Pakistan Jan 15 (Reuters) - P akistan and Bangladesh are rationing gas and buyers across South Asia are seeking alternative fuels after spot liquefied natural gas (LNG) prices surged to record highs, government and industry officials told Reuters. Spot LNG prices LNG-AS have nearly tripled since early November as freezing temperatures across North Asia boosted demand and depleted inventories. Since July, prices are up a dizzying 1,000%. Gas-fired power plants and industries across the region are scrimping on gas, with the scramble for other fuels driving up demand for liquefied petroleum gas (LPG) and residue oil.

New delhiFlorence tanEdwina gibbsSaleemuz zamanRuma paulGavin maguireSyed raza hassanRafiqul islamSumit khannaNidhi vermaRupantarita prakritikThomson reuters trust principlesIndia ltdSui southern gas companyBharat petroleum corpIndian oil corp