India, Pakistan and Iran will sign a deal this month to build a naturalgas pipeline to help feed the subcontinent's desperate need for energy, a major blow to American sanctions against Tehran and a defeat for U.S. influence in South Asia.
But today, companies with access to feed stocks that are associated with the production of naturalgas, such as propane and ethane, will see a boost in their performance.
As a result, he said the company was now looking towards imports of liquefied naturalgas (LNG) from other countries to feed growing domestic Brazilian demand.
The growing need for cheap fuel with which to generate electricity to feed the country's economic boom is stoking demand for oil and liquefied naturalgas (LNG).