India prioritizing shift to become natural gas-based economy
12/5/2016
NEW DELHI (Reuters) -- India is giving priority to moving towards a natural gas-based economy and efforts must be made to raise local production of the fuel while also creating infrastructure to import it, Prime Minister Narendra Modi told an energy conference on Monday.
"Natural gas is the next-generation fossil fuel, cheaper and less polluting," Modi said in an address at India's flagship energy event, Petrotech.
"Efforts must be made to increase natural gas production whole also creating import infrastructure to meet the growing domestic demand," Modi said.
Reporting by Promit Mukherjee and Sudarshan Varadan; Editing by Kenneth Maxwell
Sign up to Receive Our Newsletter
- Freeport LNG export plant in Texas reports shutdown of liquefaction train
- TotalEnergies and Mozambique announce the full restart of the $20-B Mozambique LNG project
- RWE strengthens partnerships with ADNOC and Masdar to enhance energy security in Germany and Europe
- Five energy market trends to track in 2026, the year of the glut
- Venture Global wins LNG arbitration case brought by Spain's Repsol
Comments