LNG price volatility a cause of concern for consumers: Nakul Raheja

We see a very bright future for gas in India, said Shell Energy India's Raheja, In terms of long term LNG prices, volatility has been a lot less

Amid the volatility in liquefied natural gas spot prices, the world's largest LNG trader Shell’s India arm is betting big on the country’s ambitions to increase the share of natural gas in its energy mix. Nakul Raheja, country head of Shell Energy India, talks to Shine Jacob about the LNG market, natural gas potential in the India market as a transition fuel and the company’s aggressive plans for using LNG as a transportation fuel. Edited excerpts:

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