Impact of LNG price volatility on gas demand in India

High and volatile liquefied natural gas (LNG) prices are an opportunity for India’s gas-dependent industries and the city gas distribution network to switch to cleaner, non-fossil fuel alternatives like biogas and biomethane, says a new report from the Institute for Energy Economics and Financial Analysis (IEEFA).This will also avoid locking the country into an expansion of expensive LNG import infrastructure and the associated risks of under-utilisation and stranded assets.

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