India’s LNG Industry Pushes for Government Backing as Diesel Costs Surge

The LNG distribution industry in India is calling on the government to support an LNG infrastructure buildout as costs for trucking would be lower than the spiking diesel prices.    Currently, India has government support for ethanol infrastructure, but not for LNG, which is now 42% cheaper than diesel for the freight industry, industry executives told Indian outlet BusinessLine. “Historically, LNG adoption has been constrained more by infrastructure availability than economics,” Deepak Acharya, Managing Director at cryogenic…Weiter zum vollständigen Artikel bei OilPrice.com Weiter zum vollständigen Artikel bei OilPrice.com