Indian Oil to boost LNG portfolio to 20 million tonnes by 2030

Indian Oil is set to increase its liquified natural gas (LNG) portfolio to 20 million tonnes per annum by 2030. The current portfolio stands at 7.8 million tonnes per year. Sujoy Choudhury, head of planning and business development revealed the d...

By Reuters | Updated: Jun 27, 2024, 12.59 PM IST

Indian Oil aims to increase its liquified natural gas portfolio to 20 million tonnes per year (MTPA) by 2030, from 7.8 MTPA currently, Sujoy Choudhury, head of planning and business development at the company, said at an industry event on Thursday.

The power sector is expected to be one of the key drivers for Indian LNG demand, Choudhury added.

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