GAIL India seeks up to 26% stake in US LNG project, 15-year gas deal

Quick Summary:

To boost its US energy imports, India is also considering scrapping its import tax on US LNG to make it more price competitive, and help trim its $45.

The document also showed GAIL wants to start taking LNG from the US project by 2029-2030.

India is the world's fourth largest LNG importer and aims to raise the share of gas in the country's energy mix to 15 per cent by 2030 from 6.2 per cent now.

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Category: BusinessFinance

Markets: IndiaAustraliaChinaQatarUnited States

Topics: Trade surplus GAIL India Natural gas LNG project US gas deal US-India trade Liquefied natural gas 15-year LNG agreement India US relations Energy deal Trump tariffs

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Article Type: News Report

Published On: 2025-04-12 @ 11:15:14 (3 days ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

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Sentences: 18 lines

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News ID: 27802127

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