 Internationally, LNG price (One million Btu of LNG = 0.1724 barrels of crude oil (boe) = 24.36 cubic meters of natural gas = 16 kg of natural gas = 29.2 litres diesel = 21.3 kg LPG) is fixed below crude oil price in terms of heating value.LNG is slowly gaining its role as direct use fuel in road and marine transport without regasification.By the end of June 2016, LNG price has fallen by nearly 50% below its oil parity price making it more economical fuel than diesel/gas oil in transport sector.