A sprawling liquefied natural gas terminal on India’s (Business Opportunities - Marketing & Sales)
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A sprawling liquefied natural gas terminal on India’s | |
A sprawling liquefied natural gas terminal on India’s scenic southern coast stands testament to the country’s efforts to curb its coal addiction — and to its limited success. Underutilized since it opened just over a decade ago, Petronet LNG Ltd.’s Kochi facility is all but silent. Last year, it operated at barely a quarter of its intended capacity, stranded by a lack of pipelines to ship fuel to towns and industrial centers across the region. It’s a story that repeats itself across the world’s most populous nation. India’s infrastructure shortfalls have a long and complex list of causes, from uncertain returns that deter investors to local residents’ resistance, to high gas prices and an unfavorable tax regime. All have hampered Prime Minister Narendra Modi’s desire to embrace gas — and threatened ambitious plans drawn up by producers like Shell Plc and TotalEnergies SE, which have invested billions of dollars in new gas supply with an eye on selling more to India. #LNG #Indianpetroplus | |
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| Target State: All States Target City : All Cities Last Update : Feb 13, 2025 9:20 AM Number of Views: 27 | Item Owner : Indianpetroplus Contact Email: Contact Phone: (None) |
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2025-02-22 (0.610 sec)