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Petronet LNG turns focus to poorly supplied east coast


By Nidhi Verma and Promit MukherjeeNEW DELHI/MUMBAI (Reuters) - India's biggest gas importer Petronet LNG Ltd wants to build up its liquefied natural gas (LNG) regassification capacity in the east of the country where supply is limited, after focussing till now on the west, the CEO said on Thursday.Natural gas accounts for about 6.5 percent of India's overall energy needs, far lower than the global average. The government wants to lift it to 15 percent in next few years.India has four LNG terminals to import gas, but all of them are in the west. They have combined annual capacity of about 22 ...

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First Published: Thu, November 09 2017. 17:05 IST