India is already the world’s fourth largest LNG importer and plans to more than double the share of nat gas in its energy mix by 2030. GAIL is the state-owned gas company.
India’s GAIL revives plan to buy US LNG as Trump ends ban on export permits
https://www.reuters.com/business/energy/indias-gail-revives-plan-buy-us-lng-trump-ends-ban-export-permits-2025-02-10/
GAIL India Ltd will seek to buy a stake in a U.S. liquefied natural gas plant or secure long-term US LNG supply after the Trump administration lifted a ban on export permits for new projects, chairman Sandeep Kumar Gupta said…
The U.S. is expected to nearly double its LNG export capacity by the end of the decade, while Qatar plans to expand its liquefaction capacity to 142 million metric tons per year by 2027 from 77 million…
India’s gas consumption rose by about 12.5%…GAIL has…long-term deals with companies in the U.S. include the purchase of 5.8 million tpy LNG, split between Berkshire Hathaway Energy’s Cove Point plant and Cheniere Energy’s Sabine Pass site in Louisiana.
DB2