India Rejects Russian LNG Under Sanctions
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India has officially declined Russia's offer to sell liquefied natural gas (LNG) from projects currently under U.S. sanctions, following April reports of an LPG-laden tanker en route to western India, according to Indian media reports on Monday. Last month, Reuters reported that the 138,200-cubic-metre tanker Kunpeng was heading from Russia's Baltic Portovaya plant to the Dahej LNG terminal in western India. This shipment involved U.S.-sanctioned Russian LNG, signaling a potential first such delivery to India, with Energy Intelligence reporting…
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Financial market analysis indicating bearish sentiment based on current trends.
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