Shell’s Indian arm set to begin retail sales of LNG
The India unit of Royal Dutch Shell is planning to start retail sales of liquefied natural gas (LNG) in the country, a top company executive said. Last June, the Petroleum and Natural Gas Regulatory Board (PNGRB) opened up LNG retailing to all eligible entities, aiming to promote LNG as an alternative fuel for heavy vehicles, and reduce India’s dependence on imported oil.
“We have an aspiration to build a number of retail sites which will be able to dispense LNG,” Ajay Shah, vice-president, Shell Energy Asia said in an interview. Shell already retails petrol and diesel in India.
number of LNG sites planned, but said Shell is exploring partnerships with other entities and holders of LNG capacity to expand its reach. Infrastructure is currently a bottleneck in the country and it needs partnerships and willingness to take risks, Shah noted.
