"We are not renegotiating contracts, we stick with contracts - both sides - and we look for additional new contacts and volumes to comply with requirements from India," Mr Kaabi told reporters. Prime Minister Narendra Modi has said India needed to increase the share of natural gas in its energy mix to 15 per cent by 2030 from 6.5 per cent now.
Symbol: NATURALGAS| Contract: Apr, 2020| Category: Energy
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India consumed 83.5 million tonnes of diesel in the 2018/19 fiscal year, according to Ministry of Petroleum and Natural Gas data.
India consumed 83.5 million tonnes of diesel in fiscal year 2018-19, Ministry of Petroleum and Natural Gas data show, which was a record and 3 per cent above the prior year's total.
Spot LNG prices have more than halved since last year due to oversupply as producers battle for market share.
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