India to construct more LNG terminals in a bid to increase imports

By Sophie Chapman
India currently has four liquefied natural gas terminals (LNG). The nation has plans to add an additional 11 terminals over the next seven ye...

India currently has four liquefied natural gas terminals (LNG). The nation has plans to add an additional 11 terminals over the next seven years.

By 2022, India is aiming to more than double the natural gas share in its energy mix, rising from 6.5% to 15%.

In order to meet its target, the country must increase its imports of LNG, which will be made possible through more terminals.

SEE ALSO:

India currently imports approximately 20mn tonnes of LNG annually, but is aiming to make its capacity hit 70mn tonnes in its seven-year plan.

If the country reaches its target, it will have achieved the fastest gas expansion after China’s 2017 gasification programme.

"India is looking at LNG in a very strategic manner. Once we get into it, we are talking about 15 terminals but it will be many more as the need is going to be there," the Economic Time quoted the Spokesman for the Bharatiya Janata Party, Narendra Taneja, saying.

Share

Featured Articles

Inaugural trans-Atlantic flight highlights SAF importance

Virgin Atlantic’s first 100% SAF-powered flight from London to New York leads the way towards greener aviation fuels for long-haul journeys

IBM collaboration to boost fuel cell performance using GenAI

FuelCell Energy’s performance is set to be enhanced by Foundation Models, a form of GenAI developed by IBM, in support of transition to renewable energy

Schneider Electric exec shuffle boosts energy digitalisation

Number one sustainable company, as voted by Sustainability Magazine, Schneider Electric appointed leaders to manage the digitalisation of energy solutions

ManpowerGroup initiative aligns talent with renewable energy

Renewable Energy

Rolls-Royce develops SMRs for a low-carbon energy future

Sustainability

Chevron’s hydrogen investment and green energy endeavours

Renewable Energy