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LNG imports to surpass domestic production in 2 yrs

Last Updated: Wednesday, December 05, 2012, 15:41

The country's imports of liquefied natural gas (LNG), which costs three times the price of domestic gas, is projected to rise exponentially over the next 2-3 years, according to latest projections made by the Oil Ministry here.

India to become a net importer of natural gas in two years

Last Updated: Monday, December 03, 2012, 19:27

With domestic output stagnating, India will become a net importer of natural gas in next two years with expensive LNG meeting rising energy demand of the growing economy.