India's LNG-led gas market may grow over 6 times by 2030: Royal Dutch Shell

Global oil major Royal Dutch Shell says that India may see at least six times growth in Indian gas market by 2030 from the current levels. It adds that liquefied natural gas (LNG) may be the largest contributor to it. The prediction comes at a time when India is trying to increase the share of gas in the overall energy mix to over 15 per cent by 2030.

Currently, India is the fourth largest LNG importer after Japan, Korea, and China, and has four LNG terminals with close to 22 million metric tonne (mt) of re-gasification capacity per annum. "Based