Is India really aiming to increase its gas share to 15% by 2030?
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Synopsis
India is on a transformative journey, aiming to boost its gas share in the energy mix to 15% by 2030, significantly up from the current 6%. This initiative, led by Union Minister Hardeep Singh Puri, aligns with the nation's commitment to reducing carbon emissions and enhancing energy security. Discover the key steps India is taking towards a greener future.
Key Takeaways
- India's gas share in the energy mix is set to rise to 15% by 2030.
- Union Minister Hardeep Singh Puri announced 49 new LNG dispensing stations.
- India is the fourth-largest gas importer globally.
- There are plans for 10 LNG terminals with a combined capacity of 66.7 MMTPA by 2030.
- India is enhancing its energy sector through the 'Make in India' initiative.
New Delhi, Sep 2 (NationPress) India is set to increase the proportion of gas in its energy mix to 15% by 2030, up from approximately 6% currently, in a bid to reduce its carbon emissions, stated Union Minister for Petroleum and Natural Gas, Hardeep Singh Puri, on Tuesday.
In a recent post on social media platform X, Minister Puri announced that India will establish 49 additional LNG dispensing stations by December, complementing the 13 currently in operation.
As the world’s fourth-largest gas importer, India hosts eight LNG terminals with a total capacity of 52.7 million tonnes per year.
“By 2030, we aim to have 10 terminals with a combined capacity of 66.7 MMTPA; 13 LNG dispensing stations operational now, with 49 more on the way,” Puri shared.
“Under the guidance of Prime Minister Narendra Modi, LNG represents India’s pathway to a greener and more secure future,” he added.
During the 9th brainstorming session in Goa on ‘Challenges of the Indian Oil and Gas Sector’ with ministry officials and industry leaders, the minister reviewed the efficiency of seismic data acquisition and processing, analyzing the capability of manpower, availability of cutting-edge technology, equipment, and workstations.
He also discussed the progress of stratigraphic well drilling, along with considerations on offshore drilling costs and the process for releasing drilling well locations, drawing lessons from global energy leaders, and emphasizing the need to enhance the ‘Make in India’ initiative in the fast-growing energy sector by exploring ways to establish India as a manufacturing hub for E&P machinery and components.
“We also explored opportunities to advance the shipbuilding capabilities of our Indian shipyards for producing LNG and LPG carriers, as well as crude carriers, including VLCCs,” Puri noted.
Last month, India augmented its supplies of liquefied natural gas (LNG) from the United Arab Emirates, with the state-owned Hindustan Petroleum Corporation Limited (HPCL) signing a 10-year supply agreement with ADNOC Gas, marking a significant step in the deepening energy partnership between the two nations.
Point of View
It's evident that India is navigating through a pivotal transformation in its energy sector. The commitment to increase the gas share to 15% by 2030 underlines the nation's proactive stance towards sustainability and energy security. This approach not only reflects the government's strategic planning but also positions India as a vital player in the global energy landscape.
NationPress
02/09/2025
Frequently Asked Questions
What is India's current gas share in the energy mix?
India's current gas share in the energy mix is approximately 6%.
How many LNG terminals does India currently have?
India currently has eight LNG terminals with a combined capacity of 52.7 million tonnes per year.
What is the target for LNG dispensing stations in India by December?
India aims to have 49 additional LNG dispensing stations by December.
Who is leading India's initiative for a greener energy future?
The initiative is being led by Union Minister for Petroleum and Natural Gas, Hardeep Singh Puri, under the guidance of Prime Minister Narendra Modi.
What recent agreement has HPCL signed to enhance LNG supplies?
HPCL signed a 10-year supply agreement with ADNOC Gas from the United Arab Emirates.
