Future of LNG in India’s energy sector

What is LNG and Why is 
it Important?

– Liquefied Natural Gas (LNG) is natural gas cooled to liquid form for easier storage and transport.
– LNG is cleaner than coal and oil, making it crucial for India’s energy transition.

Rising LNG Demand in India

– India’s LNG demand is expected to grow at a CAGR of 9% by 2030.
– Key sectors: Power generation, transportation, and industrial manufacturing.

LNG Terminals and Infrastructure Growth

– New LNG terminals are being built to enhance import capacity.
– Government initiatives to improve last-mile connectivity for LNG supply.

LNG’s Role in Renewable Energy Integration

– LNG provides a reliable backup for intermittent renewable sources like solar and wind.
– Ensures grid stability during peak demand periods.

Investments and Future Opportunities

– Companies like Petronet LNG and GAIL are expanding their LNG projects.
– Government policies promoting LNG adoption in transport and industry.