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VERIFIEDET Finance·negative
India buys its most expensive LNG in years as war upends market
AI Summary
- ·Indian energy companies are paying over $23 per mmbtu for September LNG cargoes.
- ·These prices are among the highest for imports since 2022.
- ·GAIL India, Gujarat State Petroleum Corp., and Bharat Petroleum have purchased LNG amid market disruptions.