India’s demand for liquefied natural gas (LNG) is set to rise by about 10 percent 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.
New Delhi 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 percent by 2030, from 6.2 percent 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 to 13 percent from 2017, according to data from the Petroleum Planning and Analysis Cell and shipping data.