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Strategies & Market Trends : Dino's Bar & Grill

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To: Goose94 who wrote (49866)2/6/2019 6:48:31 AM
From: Goose94Read Replies (1) of 203382
 
LNG: India becomes world's 2nd largest LPG importer after China

Feb 6, '19

India has become the world's second largest importer of liquefied petroleum gas as its government pushes cleaner alternatives to traditional cooking fuels such as firewood and cow dung.

Petroleum Minister Dharmendra Pradhan says imports of LPG grew 12.5 per cent over the past five years to 12 million metric tons (13 million tons) in 2018-19, surpassing Japan and putting India in second place behind China. India's financial year runs from April to March.

He says demand for LPG is projected to rise 34 per cent from 2014 to 2025.

Traditional fuels such as wood and cow dung cause heavy pollution and health problems for millions of villagers.

India imports LPG mainly from Saudi Arabia, Qatar, the United Arab Emirates, Kuwait and Iran.
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