Petronet is to receive more LNG from Australia’s Gorgon project
Petronet LNG making progress on India’s gas ambitions
The company is on track to boost import terminal capacity by 40% in three years, CEO Akshay Kumar Singh tells Petroleum Economist
India’s Petronet LNG, the country’s top gas importer, is on track to ramp up its terminal capacity by 40% by 2027, to 31.5mt/yr, as it extends its long-term offtake agreements, buys spot cargoes and hunts for new deals, its CEO said in an exclusive interview. Petronet is expanding the capacity of its biggest terminal by almost 30% and is boosting the utilisation of its second facility in the southwestern part of India, while building a 4mt/yr FSRU in the east, Akshay Kumar Singh told Petroleum Economist at the ADIPEC conference in Abu Dhabi. “The government of India’s stated policy is to increase gas volumes from 6% [at] present to 15% by 2030. This will translate into a threefold increase i
Also in this section
28 April 2026
Oil traders warning of $200/bl oil are wrong, and the market should be wary of proclamations that the impact of the oil shortage has only begun to be felt and a that a ‘harsh adjustment’ is coming—even for industrialised nations
28 April 2026
Restoring supply from Saudi Arabia, the UAE, Kuwait, Qatar, Bahrain and Iraq involves complexities far beyond simply adjusting operational controls
28 April 2026
Datacentres will guzzle power at a ferocious rate, but the impact on wider energy markets will be far more complex than previously thought
28 April 2026
The key energy player faces balancing regional routes, political complexities, and creating a clear strategic vision for energy security
