5/mmBtu, industrial piped natural gas is expected to rule at $14.What enhances the attractiveness of LNG as an industrial fuel is its improved competitiveness compared with alternatives such as fuel oil and LPG, it said.Over the past 5-6 months, LNG prices in Asia have increased by over 70 per cent, driven by rising imports from China, it said. However, things are slightly different this time around, with consumption rising 6-7 per cent to 20 million tonne in fiscal 2018, said Crisil.In the past, higher prices have impacted LNG consumption in India, a price-sensitive market.In the medium term, LNG demand will be supported by development of gas infrastructure in the largely untapped eastern region, it said.

“The Supreme Court’s decision banning polluting fuels such as fuel oil and petcoke for industrial use ins ome northern states has been favourable for LNG demand.3/mmBtu and $19.2/mmBtu, respectively.“This, however, will have a bearing on the margins of CGD companies,” said Mayur Patil, associate director, Crisil Research. In comparison, at an LNG price of $9.. “The regulatory push to expand CGD networks is also stoking demand. These moves resulted in a 20 per cent on-year growth in LNG imports in the first half of fiscal 2018," said Rahul Prithiani, director, CRISIL Research. At an average crude price of $75 per barrel, the landed cost of fuel oil and liquefied petroleum gas (LPG) is expected to be $14.

The Gujarat High Court has also tightened norms on use of coal gassifiers by ceramic companies in Morbi and Wankaner.New Delhi: The recent run-up in the global prices of liquefied natural gas (LNG) is unlikely to impact demand for the fuel in India, but would affect the margins of city gas distribution (CGD) firms, said rating agency Crisil on Thursday.8/mmBtu,” said Crisil. “The government’s focus balancing valves mount in any position z 6200 series on increasing the share of gas in India’s overall energy mix, and the development of infrastructure in terms of LNG terminals and pipeline connectivity, also bode well for LNG demand over the medium to long term,” it said