Gail India called on U.S. liquefied natural gas (LNG) producers to offer more flexibility contract terms as the state-owned gas distribution gas company hunts for supplies from the middle of the next decade.
India last year was the fifth largest importer of U.S. LNG and natural gas is projected to double its share of the nation’s energy mix by 2030 as oil-fired power plants convert.
Shri B.C. Tripathi, chairman and managing director of Gail India, said on Wednesday at the CERAWeek energy conference his company is in discussions with U.S. gas exporters to acquire new LNG supplies from 2024-2025.
