India’s Oil and Natural Gas Ministry will shortly unveil a national liquefied natural gas (LNG) infrastructure and logistic policy, laying down standards, benchmarks and conditions for domestic and foreign LNG project developers.
Officials familiar with the framing of the new policy have said that it was imperative to stipulate guidelines and benchmarks for gas infrastructure investors in order to ensure “uniform, stable and orderly growth” of the sector, given the government’s ambitions to evolve India to a gas-based economy and rising gas imports.
