Tuesday, October 16, 2007

LNG - India - Natural Gas

India began securing its future natural gas supplies by purchasing LNG in 2004 with its first LNG Terminal set up by Petronet at Dahej on the west coast side of the country. India, anticipating the fact that its dependence on oil and natural gas will increase in the coming years, India is emphasizing on techniques for efficient use of all energy sources and is developing alternative energy sources as fast as it is able.

With the expansion of new LNG facilities at Dahej and the setting up of new Terminals at Kochi, Dabhol and Mangalore, India is preparing itself for a significant increase of natural gas in its energy sector. At the same time, maintaining the imports from the countries like Oman and Qatar ensures that India does not lag behind in the race for securing long term energy supplies. India believes that it is taking strides to becoming a powerful competitor in the energy sector and the development of its country through a strategically planned infrastructure, balance of geographical and political concerns and co-operative policies that are able to pave the way for India to develop a powerhouse future.

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