ndia is keen to ship in higher volumes of liquefied natural gas (LNG) from Australia, but at the same time, the country has indicated that higher imports will be dependent on renegotiating existing long-term contracts to better reflect the fall in spot LNG prices.
At a recent government-to-government dialogue, it was stated that with the India moving to a gas-based economy, there existed significant scope of enlarging India-Australia energy co-operation. H