Posted inNews

GCC countries need to identify consumers for big green energy investments: Indian oil minister

The world is still going to “need large amounts of fossil fuels” for a while yet, the minister added.

Countries in the Arabian Gulf have made big bets on green energy, but India’s oil minister says questions still need to asked as to who the consumer will be. “GCC countries in the region and elsewhere have … made very bold announcements to move into green energy and they want to be part of the […]

Posted inExploration & Production

China to lead Asia LNG regasification capacity additions through 2025, forecasts GlobalData

GlobalData identifies India to be the second-highest contributor to the global LNG regasification capacity additions with new build LNG regasification capacity additions of 3,062 bcf by 2025

China is expected to lead the Asia’s LNG regasification capacity additions, contributing 36% of the total LNG regasification capacity additions between 2021 and 2025, forecasts GlobalData, a leading data and analytics company. GlobalData’s report, ‘Asia Capacity and Capital Expenditure Outlook for LNG Regasification Terminals, 2021–2025 –China Dominates LNG Regasification Capacity Additions and Capex Spending in […]

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