The Indian gas markets are on the cusp of a fundamental change – upstream policy has been revamped with open acreage being implemented, gas pricing has been freed, a trading hub is under development, a large number of gas distribution areas have been licensed and there is an increased focus on gas pipeline development. Developments in global LNG markets and lower prices will further boost this drive to entirely deregulate Indian gas markets and make them fully competitive. This in turn will have significant impact in increasing the share of gas in the energy mix leading to positive climate and developmental impacts and at the same time provide a great opportunity for bringing international capital to one of the fastest-growing economies in the world. As the Indian economy is set to develop on a healthy growth path, this would increase energy consumption in the country. This increase in energy demand, if met only with present arrangement of traditional fuels, will not only have a fiscal impact but, it also raises serious environmental concerns. As nation's deteriorating air quality has significant contributions from the transportation sector, clean environment initiatives by the Govt. of India have been reinforced by Ministry of Petroleum & Natural Gas (MoPNG) and Ministry of Road Transport & Highway (MoRTH) with an introduction of Liquefied Natural Gas (LNG) as an automotive fuel. This is understood as prime advancement towards empowering nation with a better tomorrow which will certainly contribute towards a reduction in carbon emissions and also generate savings on fuel in the country. This initiative provides for reforms in the industry along with immense opportunities for the transportation sector, especially road, rail, marine, and aviation. Small-scale LNG is altogether the LNG transportation from liquefaction terminal to regasification terminals through tankers, ship, and trucks. The need for small-scale LNG arises from increasing demand for LNG, an increasing number of lesser capacity liquefaction terminals, and simpler storage facilities. These terminals have a maximum capacity of 0.5 MMTPA. For instance, in Singapore, the small-scale LNG terminal has a capacity of only 11 MTPA. By the end of 2017, China had 4 small-scale LNG terminals, which can meet the demand of natural gas for small-scale projects. The advantage of small-scale LNG is adjustable annual delivery contracts and minimum counterparty risks.
The 5th Annual Conference on LNG-The emerging fuel in India is scheduled for 3rd July 2019 in New Delhi, will bring together the whole value chain of LNG professionals, specializing in small-scale projects. The high profile speakers are experts, who have prepared to share tailor-made methods and approaches to ensure the effectiveness of LNG practices, especially when it comes to scaled-down operations. The summit also offers social activities that present the perfect opportunity to network with influencers and exchange ideas. It promises a remarkable knowledge transfer experience with great potential for making business deals. Considering the importance and relevance of the natural gas in the Indian energy mix and the position it holds as a beacon of clean energy for the Indian energy sector, the event attendance will have top executives from various companies in the entire supply chain of Natural Gas.