• Govt plans cheap gas lifeline for LNG trucks; aims to revive closed outlets

    The government is considering the allocation of cheap, locally produced natural gas to trucks running on liquefied natural gas (LNG) — India’s new gas demand centre and a cleaner alternative to the country’s polluting diesel-based transport — after state-run refiner Indian Oil was forced to shut nearly all its LNG retail outlets due to high costs and a low customer turnout, industry sources told Business Standard.

    Indian Oil, the largest operator of LNG truck outlets, has shut five of its six outlets for lack of business, with only one in Sriperumbudur, an industrial area outside Chennai, still operational. Another seven-eight outlets are ready but have not started operations due to a shortage of LNG-fuelled trucks, a company official said. The firm hopes to restart the outlets if it can secure adequate refuelling demand, the official added. Indian Oil declined to comment.

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