India Eyes More LNG as Gas Output Flags

摘要

India, like China, is seen as an LNG market with huge potential, aided by the commissioning of new import terminals and pipeline expansions, and — for now, at least — subdued growth in domestic gas production (WGI Oct. 11'17). The government had been hoping output would start rising soon on the back of huge investments in the Krishna Godavari Basin by privately owned Reliance Industries and state-owned Oil and Natural Gas Corp. (ONGC), but their adjacent offshore projects are unlikely to be up and running before 2020, if then.