India Bets on Cheaper LNG

Market Intelligence Analysis

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Why This Matters

India is delaying long-term LNG delivery deals, waiting for a supply glut to drive down prices, in line with its goal to increase natural gas share in its energy mix to 15% by 2030.

Market Impact

Market impact analysis based on bearish sentiment with 80% confidence.

Sentiment
Bearish
AI Confidence
80%
Time Horizon
Short Term

Article Context

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India is in no hurry to sign long-term LNG delivery deals as the country’s price-sensitive buyers stall talks and wait for the coming supply glut to pressure sellers into agreeing to lower prices. Some LNG buyers in India, which is much more price-sensitive than China, have been stalling negotiations for over a year, sources with knowledge of the matter tell Bloomberg. India has a goal to boost the share of natural gas in its energy mix to about 15% by 2030, which would be nearly double the current gas share in energy consumption. The goal…

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Original article published by OilPrice.com on January 26, 2026.
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