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    Home > Chemicals Industry > International Chemical > India will invest $60 billion to increase gas supplies

    India will invest $60 billion to increase gas supplies

    • Last Update: 2023-01-02
    • Source: Internet
    • Author: User
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    India is planning to invest $60 billion in gas supply and distribution infrastructure to more than double its share of gas on the energy base to 15 percent
    by 2030, Oil Minister Dharmendra Pradhan said on Sunday.

    According to BusinessWeek India, natural gas currently accounts for 6.
    2%
    of all energy consumption in the country.

    Pradhan said the government, in emphasizing the development of a gas-based economy, said that natural gas is gradually becoming a transitional fuel
    for India's low-carbon economy.
    In particular, the government is promoting the development of natural gas infrastructure across India, connecting the north to south and east to west of India
    .

    According to reports, the natural gas distribution network will soon cover 70% of India's population
    .
    "Our government is exploring strategic partnerships to promote the overall development
    of the oil and gas industry.
    The private sector, both domestic and foreign, will play a vital role
    in making the necessary innovative investments for the country's future energy landscape.

    India is planning to invest $60 billion in gas supply and distribution infrastructure to more than double its share of gas on the energy base to 15 percent
    by 2030, Oil Minister Dharmendra Pradhan said on Sunday.

    natural gas

    According to BusinessWeek India, natural gas currently accounts for 6.
    2%
    of all energy consumption in the country.

    Pradhan said the government, in emphasizing the development of a gas-based economy, said that natural gas is gradually becoming a transitional fuel
    for India's low-carbon economy.
    In particular, the government is promoting the development of natural gas infrastructure across India, connecting the north to south and east to west of India
    .

    According to reports, the natural gas distribution network will soon cover 70% of India's population
    .
    "Our government is exploring strategic partnerships to promote the overall development
    of the oil and gas industry.
    The private sector, both domestic and foreign, will play a vital role
    in making the necessary innovative investments for the country's future energy landscape.

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