Role of Natural Gas in India: Recent Developments and Future Perspectives
India strives for increasing the share of natural gas to 15% by 2030 from 6.5% at present. This chapter highlights recent developments to achieve the targets set by the government. Further, we discuss regulatory and policy interventions to facilitate the growth of the natural gas market in the count...
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| Main Authors: | , , , |
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| Format: | Book Chapter |
| Language: | English |
| Published: |
IntechOpen
2022
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| Subjects: | |
| Online Access: | https://www.intechopen.com/chapters/79999 |
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| Summary: | India strives for increasing the share of natural gas to 15% by 2030 from 6.5% at present. This chapter highlights recent developments to achieve the targets set by the government. Further, we discuss regulatory and policy interventions to facilitate the growth of the natural gas market in the country. We analyze the opportunities and challenges to the smooth transition of the green economy with the greater role of natural gas. We present the infrastructure developments, including liquefied natural gas (LNG) importing terminals, cross-country natural gas pipelines network, LNG tankers, refueling stations, and city gas distribution (CGD) network. Finally, we present a futuristic perspective of natural gas in the energy transition. We conclude that India being a natural gas deficient country, import dependency would continue to grow. However, this would not deter the growth of natural gas in the economy. Proactive measures by the government and its agencies will boost investment to create the desired infrastructure for achieving higher natural gas penetration in India. |
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| ISBN: | 978-1-78985-503-6 |
| DOI: | 10.5772/intechopen.101346 |