India’s Gas Demand Climbs as Fertilizers Dominate
LNG Imports Rise as Domestic Gas Production Declines: Shifting Energy Trends in India India’s natural gas consumption reached 6019 million standard cubic meters (MMSCM) in October 2024, reflecting the growing energy demands of its industrial and urban sectors. The fertilizer sector emerged as the largest consumer, accounting for 29% of the total usage, followed by […]
China’s Independent Refiners Shift Focus Amid Iranian Supply Crunch
China’s independent refiners, known as “teapots,” are facing growing challenges in securing Iranian crude oil, prompting a significant shift in their sourcing strategies. Iranian oil, traditionally a cost-effective option for these refiners, has become increasingly scarce and expensive. This is largely due to the broadening of U.S. sanctions in October, targeting tankers involved in the […]
