Natural gas retailers in India, the world’s fourth-biggest LNG buyer, need consolidation to bring economies of scale, according to a top official of a gas supplier.
“There is a lot of global interest,” Hardip Singh Rai, chief executive officer of Think Gas, told Bloomberg Television in an interview. “When any upstream player looks at where do we go to really benefit from growth in the gas market, India is the place where everyone is looking,” Rai told Bloomberg’s Haslinda Amin and Yvonne Man Wednesday.
