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)
