India's Race to 15% Gas by 2030: Hurdles, Global LNG Glut Opportunity, and Energy Transition!

Overview

India aims to significantly increase natural gas in its energy mix to 15% by 2030 from the current 6.3%, heavily relying on LNG imports from the US, Qatar, and UAE. A new report, 'Vision 2040,' highlights challenges like inadequate infrastructure, complex domestic pricing, and the need for better storage. However, an anticipated global LNG oversupply could drive down prices, presenting India with a strategic advantage for its clean energy goals if infrastructure and policies are aligned.