India is buying some of the most expensive liquefied natural gas (LNG) cargoes in years, as disruptions linked to war roil global energy markets. Multiple reports cite unnamed people familiar with the deals, saying the purchases include the highest-priced LNG shipments into India since 2022. Because the contracts are not public, the specific pricing details are reported only through those sources.
The articles attribute the cost pressures to broader market disruptions rather than changes in Indian demand alone. With global LNG supply and shipping conditions affected, buyers face tighter pricing and logistics. While the reports focus primarily on the price level and timing of India’s purchases, they do not provide a unified breakdown of how the war directly shifts the benchmark or how different contract structures (spot versus term) affect the final landed cost.
Overall, the sources agree on the central point: India’s recent LNG procurement is among its most expensive in the last several years, driven by an unstable international market.