India to end federal control of gas prices, lift LNG transport use – ZAWYA

  • Date: 27-Jun-2020
  • Source: Zawya
  • Sector:Oil & Gas
  • Country:UAE
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India to end federal control of gas prices, lift LNG transport use – ZAWYA

India to end federal control of gas prices, lift LNG transport use | ZAWYA MENA Edition HomeBusinessEnergyArticleIndia to end federal control of gas prices, lift LNG transport use India, which is a large emitter of greenhouse gases and has multiple gas pricing regimes, aims to raise the share of gas in its energy mix to 15% by 2030, from 6.2%    A worker checks a 500 Indian rupee note as a man fills diesel in containers at a fuel station in Kolkata, India, August 14, 2018.NEW DELHI  - India will gradually end federal controls on gas pricing as it seeks to attract foreign investment and technology to lift local output, oil minister Dharmendra Pradhan said on Friday.India, which is a large emitter of greenhouse gases and has multiple gas pricing regimes, aims to raise the share of gas in its energy mix to 15% by 2030, from 6.2%."This is an incentive we are giving to investors to come to India and take advantage of pricing and marketing freedom and produce more and invest more," Pradhan said at the BNEF summit.India, which is a large emitter of greenhouse gases and has multiple gas pricing regimes, aims to raise the share of