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The proportion of LNG consumption in India has increased steadily

 Last Update: 2021-08-06
 Source: Internet
 Author: User

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Recently, India’s largest natural gas importer said that in the next 10 years, the share of liquefied natural gas (LNG) in India’s natural gas consumption may rise from the current 50% to 70%, and new import terminals are needed
.

Petronet LNG Co.
, Ltd.
CEO Singh said that in order to achieve the goal of increasing the share of natural gas in India’s energy mix from the current 6.
3% to 15% by 2030, India’s natural gas consumption needs to be increased from the current daily 155 million.
Cubic meters increased to 640 million cubic meters
.

Indian companies are investing billions of dollars to increase natural gas infrastructure, including laying 15,000 kilometers of pipelines to provide cleaner fuels for households and industries
.

India currently has a natural gas pipeline network of 17,000 kilometers

Petronet operates two LNG receiving terminals in India, accounting for 53% of India's current 42.
5 million tons/year import capacity
.

Singh said that considering an 80% utilization rate, India needs to increase its LNG import capacity to 155 million tons/year

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