India Prepares To Increase Natural Gas Imports ...Middle East

India has asked its state-run firms to increase their natural gas imports to stave off shortages next summer, three government sources told Reuters on Wednesday. The move will place an additional demand burden on the global natural gas markets as Europe tries to protect itself from energy shortages this winter and next. India, not wanting a repeat of its power crisis of last April when it suffered the lowest coal inventories for that time of year in a decade at a time of high power demand, has identified natural gas as a critical component of its…

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