GLNG: India announces plans to ramp up LNG imports as shift away from coal gains pace

India will prioritise boosting its liquefied natural gas (LNG) import capacity, Prime Minister Narendra Modi revealed on February 6 at the India Energy Week (IEW) conference in Bengaluru, with New Delhi setting a target of raising the proportion of natural gas in its energy mix to 15% by 2030 from its current level of 6%.

State-owned Petronet LNG hopes to add 12mn tonnes per year (tpy) of additional supply through long-term contracts, the company’s managing director, Akshay Kumar Singh, said at IEW. It is equivalent to roughly 60% of the country’s deliveries last year, when it imported 20.03mn tonnes.