Petronet LNG CEO: India Emerging as Key Market for Alternative Fuels

New Delhi, October 2, 2024** – Petronet LNG’s Managing Director & CEO emphasized India’s emerging leadership in the alternative fuels market, with Liquid Natural Gas (LNG) taking center stage. LNG: A Rising Star in India’s Energy Mix LNG, a liquid fuel derived from crude oil, is rapidly gaining importance in India’s growing energy market. With cleaner-burning properties, it fits well with the country’s sustainability ambitions. Key Developments: – India’s expanding energy needs position it as a key market for alternative fuels. – LNG’s environmentally friendly attributes support India’s commitment to green energy. – Petronet LNG is prepared to leverage these opportunities, aiming for significant market growth. CEO’s Statement: “India’s energy sector is at a pivotal moment, and alternative fuels like LNG will be essential to its progress. Petronet LNG is ready to meet the rising demand, driving the nation’s shift toward cleaner energy solutions.” Market Outlook:** – Increased LNG consumption is expected to contribute to a lower carbon footprint. – The rising demand for alternative fuels is likely to boost infrastructure investments. – Petronet LNG’s expansion plans are aligned with India’s growing energy requirements.