UAE can play major role in India’s transition to gas-based economy: Indian minister of petroleum


UAE can play major role in India’s transition to gas-based economy: Indian minister of petroleum

The United Arab Emirates can play a major role in India’s ambitious transition from hydrocarbon economy to a gas-based economy as the two countries are “enjoying an excellent relationship,” according to an Indian minister.

“Although the UAE is not a primary supplier of gas, the country can be a big investment partner in some of India’s gas projects such as putting up the pipelines, Liquefied Natural Gas, LNG, terminals and city gas distribution networks,” Dharmendra Pradhan, Minister of Petroleum and Natural Gas, and Minister of Steel, told Emirates News Agency, WAM.

“We have a very ambitious vision to develop all areas related to gas,” said Pradhan who was on a three-day official visit to the UAE.

The current share of gas in India’s energy mix is 6.2 percent, in comparison to the global average of 24 percent. The Indian Government aims to increase it to 15 percent by 2030. Read More

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