Rahul Deep Singh @singhrahuld

India's LNG imports jump to the highest level in nearly six years 🇮🇳🚢 💰 Deliveries in August jumped 40% y/y as fertilizer producers (subsidized by the government) scooped up expensive spot shipments 🇺🇸 US LNG supplies are diverting away from Europe to India now

🚢 INSIDE THE LNG SHIPBUILDING PROCESS Building an LNG carrier is one of the most demanding engineering projects in the maritime industry. The vessel is assembled from enormous prefabricated hull blocks before specialised containment systems, insulation layers, pipelines and reliquefaction equipment are installed. Its cargo tanks must safely transport liquefied natural gas at -162°C, while limiting boil-off gas and protecting the steel hull from extreme temperatures. Every weld, membrane and insulation panel must meet exceptionally strict standards. These are not simply large ships. They are floating cryogenic facilities designed to move energy safely across the world.

China’s liquefied natural gas imports are skyrocketing: Weekly LNG deliveries into mainland China jumped +137% week-over-week in the week ending July 19th, to nearly 2.0 million metric tons, the highest in 22 months. China’s LNG imports have more than quadrupled since mid-February. The same week also marked the first US-origin LNG cargo to arrive in China since February 2025. This also follows an +8.3% YoY surge in monthly LNG imports in June, to 5.68 million tons, marking the 2nd consecutive monthly increase. Meanwhile, Australia supplied 43% of China's LNG imports so far in July, well ahead of Malaysia, Russia, and Qatar. China is stockpiling LNG.

@SkyrootA Heartiest congratulations to the entire Skyroot team on the historic milestone!

India's clean power just hit a new record. At 11:46 AM on 6 July 2026, more than half of India's electricity came from clean energy sources, even as system demand hit 221 GW. Although a brief peak, this is a strong signal of where India’s grid is headed.

Wood Mackenzie forecasts Henry Hub prices building up to $5/MMBtu by 2035 on the back of strong demand for #natgas for AI led power generation and decline in associated gas production from 50% to 20% levels worldoil.com/news/2026/7/2/…

Shell #LNG Outlook tracks a decade of mega trends in the LNG industry since the outlook was first published with a 60% growth in the trade, emergence of US as the largest LNG exporter and China as the largest importer and a 10 fold increase in LNG as a bunker fuel!

Hormuz traffic sees a sharp d/d uptick Confirmed Strait of Hormuz crossings rose to 70 on 24 June, up 105% day on day, as demining efforts advanced and operators increasingly used the Omani route. Commercial traffic accounted for most activity, with 53 transits, while low-risk vessels dominated the day’s profile. The US-Iran MoU framework and apparent lifting of the US blockade appear to have supported a short-term confidence boost, although IRGC warnings against use of the Omani route could create a new source of contention. IMO-route use picked up slightly, but continued Dark routing, incomplete demining and unresolved issues over inspections, sanctions and future Strait governance mean the rebound is not yet a confirmed return to pre-crisis conditions. Stay ahead of the market with #Kpler Insight: okt.to/DxeJT3

Summary take on the move from Grok: Scrapping the withholding tax and LTCG on G-Secs for FPIs is a smart, targeted move that should draw some incremental fresh debt inflows. It meaningfully lifts post-tax yields and removes a key friction for pension funds, insurers, and SWFs, making India more competitive versus other EMs. That said, this change alone won’t trigger a flood of capital; analysts see it as helpful “at the margin” rather than a game-changer, especially with ongoing global risk-off sentiment and equity outflows still dominating headlines. On the rupee front, the policy acts as a modest supportive tailwind. By pulling in more stable, long-term forex via the debt route, it should help cushion external pressures (oil, geopolitics) and reduce some depreciation risk. Expect short-term stabilization near current levels (with RBI support), followed by 1–2% potential recovery or prevented further slide over the next 3–12 months — but only if inflows actually build and broader macro factors cooperate. No sharp strengthening on this alone. Overall, it’s a pragmatic step toward deeper bond markets and lower borrowing costs, delivering incremental positive impact on both FII allocations and INR outlook without being a silver bullet. Markets will watch the actual debt flow numbers in the coming weeks for confirmation.

QatarEnergy extends force majeure until mid-August, Italy's Edison says reuters.com/business/energ…

@connectgurmeet I was intrigued by your post & tested the rationale with Grok on why GoI is not considering a CGT cut... Summary analysis below on pros & cons. GoI’s FY26 direct tax haul hit just ~₹23.4 lakh crore — a mere 5% YoY growth against an 11% revised estimate, leaving an ₹81,000 crore shortfall and abysmal 0.6x buoyancy. FY27 targets now demand 15.25% growth just to balance the books. In this fiscal squeeze, North Block sees zero appetite for Laffer-curve bets on a CGT cut. Revenue foregone would have to be clawed back elsewhere, while the government has already spent political capital on middle-class income-tax relief that itself cost ₹1–1.9 lakh crore. The 2024 uniform 12.5% LTCG (no indexation) + ₹1.25 lakh exemption was explicitly sold as simplification and parity across equity, property, gold & debt. A quick U-turn would shred that narrative, especially when domestic retail — now the dominant market force — already enjoys the exemption. FII outflows (₹1.66 lakh crore+ in 2025 alone) are multi-factor: US rates, dollar strength, high valuations, oil & rupee pressure. Tax tweaks alone won’t reverse them fast. Budget 2026 proved the point — buybacks shifted to CGT treatment and STT hiked (futures 0.02%→0.05%, options 0.1%→0.15%) — marginal moves only, no broad equity rate relief. Instead, GoI is leaning toward low-revenue-impact targeted relief: RBI-recommended cut in 20% withholding tax on FPI interest from G-secs to support rupee defence. Classic fiscal conservatism — protect the revenue base first, avoid precedent-setting sops, and bet on structural growth + domestic flows + eventual global easing. A blunt CGT cut isn’t costless or guaranteed. If outflows or rupee stress turn acute, the calculus can shift — but as of May 2026, fiscal math still trumps market appeasement.

#JustIn | Government cuts #royalty charged on production of #crudeoil & #gas

CSR in India is at an inflection point, shifting from compliance and spending to accountability, outcomes, and long-term sustainability. In this article, I share some perspectives on turning CSR into enduring advantage. etedge-insights.com/featured-insig…

JPMorgan just published the scariest oil chart I’ve ever seen. World inventories are in freefall. And when this line hits 6.8 — the global energy system doesn’t slow down. It breaks. 🧵

BREAKING: The UAE says a fire has erupted in a petroleum industrial site following a drone attack from Iran. Brent crude oil prices surge over +6% on the news to $115/barrel.

India set a Guinness World Record by unfurling the largest national flag underwater at Radhanagar Beach showing the crystal-clear waters of the Andaman and Nicobar Islands as a world-class diving destination. x.com/MarchUnofficia…

🇮🇳🇮🇳🇮🇳 12 million barrels of Venezuelan crude are sailing to India on 6 supertankers. This should replace a good chunk of the Iraqi oil India used to import Map form @Kpler

BREAKING: The United Arab Emirates said it quit OPEC and OPEC+, dealing a heavy blow to the oil exporting groups and their de facto leader, Saudi Arabia, at a time when the Iran war has caused a historic energy shock and unsettled the global economy reut.rs/4vXsBJy

A photo of a Bengal tiger charging photographed by Anuj Kumar Rawla

BREAKING: US oil prices crash to $83/barrel as Iran officially reopens the Strait of Hormuz for the remainder of the ceasefire.