India could struggle to deliver an effective gas hub

India is pressing ahead with plans to create a hub to provide market prices for gas, but experts question whether it will be able to deliver in the near term India is pressing ahead with plans to create a hub to provide market prices for gas, but experts question whether it will be able to deliver in the near term.
By Andrew Walker 16 April 2018 0 30440
India's Hazira LNG terminal The Hazira LNG terminal in Gujarat. (Hazira LNG and port)

India plans to establish a gas trading hub as soon as October, but price sensitivity and a lack of infrastructure mean the hub could struggle to accurately reflect market signals.

The Petroleum and Natural Gas Regulatory Board launched a tender last week to hire a consultant to advise the government on the regulatory changes needed to support a gas hub. The tender aims for the hub to be established by October.

The introduction of a competitive marketplace would require the government to end its...

Log in or register for a free trial to continue reading this article

Already a subscriber?

If you already have a subscription, sign in to continue reading this article.

Log me in

Not a subscriber?

Sign up for 7-day trial access to this and more premium content. It's free.

Sign up now