Shell’s Indian arm set to begin retail sales of LNG - News Summed Up

Shell’s Indian arm set to begin retail sales of LNG


The India unit of Royal Dutch Shell is planning to start retail sales of liquefied natural gas (LNG) in the country, a top company executive said. According to Shell’s LNG Outlook 2021, Asia is expected to drive nearly 75% of demand for LNG by 2040 as domestic gas production declines and LNG substitutes higher-emission energy sources, tackling air quality concerns and meeting emissions targets. Natural gas emits 45-55% less greenhouse gas and less than one-tenth of the air pollutants than coal when used to generate electricity. The truck-loading unit will augment Shell’s natural gas supply offerings in India to include the supply of LNG via trucks. Like in China, a decade ago there were no LNG trucks but today there are 13 million tonnes of LNG being sold into transportation in China," added Shah.


Source: Mint February 26, 2021 15:17 UTC



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