Natural Gas Slips on Weak Demand Outlook and LNG Maintenance Slowdown
Natural gas prices dropped by 3.42%, closing at ₹299.3, mainly due to weaker demand forecasts for the next couple of weeks. Part of the decline is also because of reduced supply to key LNG export terminals, which are undergoing routine maintenance. So far in May, average LNG feedgas demand has slipped to 15.1 billion cubic…