LNG

Indian liquefied natural gas imports have plunged by 19 percent amid a continued 2022 decline in the nation’s LNG deliveries because of a slowing economy, a tighter gas market and the falling value of the rupee against the dollar that makes shipments more expensive.

India’s Minister of Petroleum and Natural Gas Hardeep Singh Puri has called on automobile makers and suppliers to ensure the availability of vehicles powered by liquefied natural gas as well as compressed natural gas on a pan-India basis.