One of the reasons LNG is such a lucrative investment is the large import demand from the Asia-Pacific region. The biggest players on the demand side, of course, are China and India. Both countries imported LNG at a rate of about 1.9 billion cubic per day in 2012. One distinct difference between the two countries, though, is that BP (NYSE: BP) just announced a major gas find off the coast of India. So far, BP has found enough gas to cut Indian gas imports by 33%, and recent pricing changes from the government have made several other prospective fields economically viable.
These gas finds could potentially alter the LNG demand picture, and it could affect the decision-making process for several proposed LNG facilities going forward. Tune in to the following video, where fool.com contributor Tyler Crowe looks at how this could potentially affect LNG investments going forward.
