LNG offtake in India may get stymied: Small scale LNG may be the way out
Apr 30:
While there is little doubt on the near-term growth in LNG consumption, the medium-long term poses a risk, considering that domestic gas production is expected to rise amidst upcoming LNG terminals. 8Small-scale LNG opportunities in India is where the attention will have to be focused to ensure higher offtake of LNG going ahead 8Small scale LNG is defined as direct sale of LNG in liquid state to the consumer rather than going through regasification. 8The potential for such supply has been estimated at 7-10 MMTt by 2025. 8This could help absorb possible LNG capacity addition, despite 10.5% growth in domestic gas production during FY18-22. Click on Reports for more