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Project Insights

India still working on gas exchange – Modi

India is continuing to work on the creation of a gas trading exchange to promote the use of the fuel.
By Staff reporter 23 November 2018 Asia Pacific / Global Markets 0 33426

India is continuing to work on the creation of a gas trading exchange to promote the use of the fuel, Prime Minister Narendra Modi has said, according to The Business Times.

Establishing a transparent gas price based on market forces is expected to help India’s the share of gas in its energy mix from 6.5% now to around 15% by 2028-2030.