Singapore/New Delhi: India’s demand for liquefied natural gas (LNG) is set to rise by about 10% this year even as the country adds import capacity at a faster clip, because infrastructure constraints keep gas from getting to consumers and hinder growth rates.
India made a commitment in the Paris Agreement of 2015 to reduce the carbon emissions intensity of India’s economy by one-third, and aims to more than double the share gas has in its energy mix to 15% by 2030, from 6.2% now.
India had four terminals receiving LNG last year, taking in 21 million to 23 million tonnes of the super-chilled fuel, up nearly 10-13% from 2017, according to data from the Petroleum Planning and Analysis Cell and shipping data.
