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Record LNG prices push S. Asia to ration gas, seek other fuels - Newspaper

AHMEDABAD: Pakistan 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 per cent.
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.
In Pakistan, which is more reliant on spot LNG imports for its winter needs, gas use for industry is being limited to certain hours and industry executives have warned the situation has become critical. ....

Rafiqul Islam , Rupantarita Prakritik , Saleemuz Zaman , Bangladesh Rupantarita Prakritik Gas Co Tile , Sui Southern Gas Company Ltd , India Ltd , Bharat Petroleum Corp , Indian Oil Corp , Industry Association Of Karachi , Reliance Industries , South Asia , North Asia , Industry Association , Southern Gas Company Ltd , Rupantarita Prakritik Gas Co Tile , Morbi Ceramics Associations , ரஃபைக்யுல் இஸ்லாம் , ஸூயீ தெற்கு வாயு நிறுவனம் லிமிடெட் , இந்தியா லிமிடெட் , பாரத் பெட்ரோலியம் கார்ப் , இந்தியன் எண்ணெய் கார்ப் , தொழில் சங்கம் ஆஃப் கராச்சி , நம்பகத்தன்மை தொழில்கள் , தெற்கு ஆசியா , வடக்கு ஆசியா , தொழில் சங்கம் ,

Record LNG prices push S. Asia to ration gas, seek other fuels - Newspaper

AHMEDABAD: Pakistan 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 per cent.
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.
In Pakistan, which is more reliant on spot LNG imports for its winter needs, gas use for industry is being limited to certain hours and industry executives have warned the situation has become critical. ....

Rafiqul Islam , Rupantarita Prakritik , Saleemuz Zaman , Bangladesh Rupantarita Prakritik Gas Co Tile , Sui Southern Gas Company Ltd , India Ltd , Bharat Petroleum Corp , Indian Oil Corp , Industry Association Of Karachi , Reliance Industries , South Asia , North Asia , Industry Association , Southern Gas Company Ltd , Rupantarita Prakritik Gas Co Tile , Morbi Ceramics Associations , ரஃபைக்யுல் இஸ்லாம் , ஸூயீ தெற்கு வாயு நிறுவனம் லிமிடெட் , இந்தியா லிமிடெட் , பாரத் பெட்ரோலியம் கார்ப் , இந்தியன் எண்ணெய் கார்ப் , தொழில் சங்கம் ஆஃப் கராச்சி , நம்பகத்தன்மை தொழில்கள் , தெற்கு ஆசியா , வடக்கு ஆசியா , தொழில் சங்கம் ,