Source: Reuters (via feed)
India will likely increase the use of coal to meet peak power demand this summer. This expectation comes as liquefied natural gas supplies tighten. The supply tightening is linked to shipping disruptions. These disruptions are connected to the U.S.-Israeli war on Iran. The information was provided by two industry officials.
BizTrendWire Insight:
India’s expected increased use of coal is related to LNG supply disruptions from regional shipping challenges.
India’s expected increased use of coal is related to LNG supply disruptions from regional shipping challenges.
