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2020-07-02 11:40:00

LNG FOR INDIA: 1 MLN TONS

LNG FOR INDIA: 1 MLN TONS

GP - India's top gas importer Petronet LNG will soon finalize a deal to import at least 1 million tons per year (MMtpy) of LNG with prices near the spot markets, its chief executive Prabhat Singh said.

India wants to raise the share of natural gas in its energy mix from to 15% by 2030 from 6.2% now and is scouting for affordable gas for its price-sensitive customers.

"We are now in a position to come to a stage where very quickly we will be coming to nation with virtually spot pricing for a long-term deal," Singh told a news conference.

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Tags: LNG, GAS, INDIA
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