South Asian Gas Market: It’s Time to Mount an Offensive
... the requirement that India reduces its trade surplus – all this is aimed, among other things, at gaining advantages in the gas market. In particular, United States Secretary of Energy Rick Perry stated last year that massive U.S. LNG supplies to India would help reduce the mutual trade imbalance. Tensions in the Middle East, the Saudi-led coalition’s blockade of Qatar, the withdrawal of the United States from the Joint Comprehensive Plan of Action and the threat of new sanctions against Iran all undermine buyers’ confidence in the reliability of Gulf supplies and force them to look elsewhere for their gas. In particular, the United States has demanded that buyers of Iranian hydrocarbons stop purchasing from that country by November 4, 2018. Iran Andrey Kortunov : “Indo-Pacific or Community of Common Destiny?” Iran, which possesses massive reserves ...