India and China - Who will grab the gas?
- Mr R K Batra
- 21 February 2009
- The Hindu Business Line
China's current natural gas consumption is twice that of India and both need gas imports by way of transnational pipelines and liquefied natural gas (LNG) by sea to meet growing demand. While natural gas forms 8 per cent of Indiaâ€™s commercial energy supply, it is only 3 per cent in China, which wishes to raise it to 10 per cent. Chinaâ€™s projected gas demand will, therefore, outstrip that of India. The two countries will account for most of the increase in imported gas demand in Asia and many of the countries being targeted for supply are the same.Full Text