Global energy majors line up plans, appear bullish on India's prospects

India imports around 8.5 million tonnes per annum of liquefied natural gas from Qatar under two long-term contracts.

Global oil and gas majors lined up their plans for India while appearing bullish on the country’s prospects as a gas and renewable energy market during an interaction with Prime Minister Narendra Modi on Monday night. Modi invited industry majors for further investment in India’s energy sector and also sought innovative ideas from them to drive growth.

The event, held on a virtual platform, extended for almost two-and-a-half hours. It witnessed participation of around 40 chief executive officers (CEOs) from the oil and gas sector, with around 28 leaders presenting their views to the Prime Minister.

Each industry leader spoke