Pipelines, Storage & Power

India turns to gas storage as import dependence grows

India is considering building emergency gas reserves to handle supply disruptions as the country’s dependence on gas imports grows.
By Staff reporter 21 December 2018 0 33784

India is considering building emergency gas reserves to handle supply disruptions as the country’s dependence on gas imports grows, Indian newspaper The Economic Times reported on Thursday.

India relied on imports for 47% of the 35.1 billion cubic metres it consumed between April and October, up from 44% a year earlier.

India’s Ministry of Petroleum and Natural Gas has convened a panel of experts, including representatives from Oil & Natural Gas Corp. and Gail, to evaluate the need for strategic gas...