India plans 10% mandatory LNG extra reserve; aims cost-effective buffer
India plans to mandate LNG import terminals to build 10% extra storage for government access during supply or price disruptions. This aims to create cost-effective emergency reserves using existing infrastructure, avoiding expensive new underground storage. The proposal also outlines financial and operational criteria for new terminal operators.🕒 1 min read
India plans to mandate LNG import terminals to build 10% extra storage for government access during supply or price disruptions. This aims to create cost-effective emergency reserves using existing infrastructure, avoiding expensive new underground storage. The proposal also outlines financial and operational criteria for new terminal operators.
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