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India LNG import capacity to be doubled to 50 mln T/ year

India LNG import

An increase in India LNG import capacity will increase the share of natural gas in the country’s energy mix to 15 per cent in the next three-to-four years from the current 6.5 per cent. MarineConnector.com photo.

India LNG import increased to help country move to gas-based economy

NEW DELHI, Oct 13 (Reuters) – India plans to more than double its liquefied natural gas (LNG) import capacity to 50 million tonnes a year, Oil Minister Dharmendra Pradhan told a news conference on Thursday, without giving a timeline.

It has a capacity to import 21 million tonnes of the super-cooled fuel currently.

As the nation moves to a gas-based economy, India wants to increase the share of natural gas in its energy mix to 15 per cent in the next three-to-four years from 6.5 per cent now, Pradhan said.

(Reporting by Nidhi Verma; Editing by Malini Menon)

Ph: 432-978-5096 Website: www.mapleleafmarketinginc.com

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