India’s ‘blue flame revolution’ gathers pace

January 29, 2020/in /by Rudolf Huber

India has great potential for more gas and LNG and bringing more LNG into its energy market makes a great deal of sense to them. So this is a good thing. That being said – I have a feeling that India is prepped for its China moment. It shall be the next wonder drug for LNG sellers – a gargantuan market that will swallow any volume thrown at it with ease allowing for some price rises. But that’s not going to be that easy. Markets need time to grow. They need a lot of downstream investment and market development. Not even China pulls this one off without massive growing pains. So, India go but don’t pop the bubbly quite yet.

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