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Indian LNG Buyers Embrace US Benchmark to Balance Volatility

Indian LNG Buyers Embrace US Benchmark to Balance Volatility

Bloomberg07-05-2025
Indian liquefied natural gas importers have signed a flurry of long-term purchase agreements linked to the US price benchmark, the latest effort by the nation's buyers to protect themselves from volatile markets.
State-owned companies have signed at least four contracts since December, totaling nearly 11 million tons per year, priced to the Henry Hub index, according to the executives familiar with the deals. Until now, most of India's long-term contracts have been linked to crude oil, the traditional way to price LNG deals.
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