In what is seen as a major boost to the Indian shipbuilding industry, the government-owned Cochin Shipyard (CSL) will invest INR12bn ($200m) for setting up a drydock facility to build and repair LNG ships. “The vessels for transporting LNG will be built at a cost of INR15bn each. Cochin Shipyard...

Singapore (Platts)–24Sep2014/300 pm EDT/1900 GMT US-based Cheniere Energy plans to market up to 5 million mt/year of LNG natural gas from a new office in Singapore after its export terminals in the US become operational, Nicolas Zanen, the company’s vice president for trading, said Wednesday. “Cheniere Marketing, a subsidiary of...

NEW DELHI: Even as the forthcoming meeting between Prime Minister Narendra Modi and US President Barack Obama next week will put the spotlight on renewable energy, India’s wish list for a relatively clean source of energy–LNG imports from US’s shale gas reserves– is unlikely to be realised. Sources indicated that...