India signs 20-year natural gas deal with Qatar
Under the new agreement, LNG supplies will be made on delivered (DES) basis commencing from 2028 till 2048.
Under the new agreement, LNG supplies will be made on delivered (DES) basis commencing from 2028 till 2048.
India is investing $40 billion in gas pipelines, LNG terminals and exploration & production to meet net-zero emission goal by 2070.
India is spending an astounding ₹3 lakh crore in nationwide pipelines, LNG terminals, city gas distribution and exploration to wean the nation away from coal to gas.
Petronet LNG envisions being a key energy provider to the nation by leveraging the company’s unique position in the LNG value chain along with an international presence.
Oil major Shell’s latest annual LNG Outlook talks about the growing importance of gas as an energy source as the world moves towards a low-carbon emission economy.
With the government pushing for clean energy when domestic gas production is falling, and renewables yet to take off, importing it could be the only option.