Liquefied Natural Gas mainly contains methane, which is condensed to liquid state by cooling at 256 degree Fahrenheit. The higher reduction of volume when compared to CNG is an advantage to transfer LNG from one country to another as per the requirement. Increasing consumption of energy will accelerate the usage of LNG further. It is estimated that more than 250 years of renewable natural gas is available as per the current consumption level, new pipelines, inter connections and LNG infrastructures are being built to exploit this unconventional resource. —
The report aims to provide an overview of India Liquefied Natural Gas (LNG) Market along with detailed segmentation of market by application, and end-user verticals. Continuous growth of Indian economy, along with competitive fuel and gas pricing is the major factor driving the growth of LNG market in India.
- Bechtel Corporation
- BG Group
- Petronet LNG Limited
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Release ID: 238337