LNG Transition Could Save India $1 Billion Annually on Oil Imports, Regulator Says
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LNG Transition Could Save India $1 Billion Annually on Oil Imports, Regulator Says

India could save approximately $1 billion annually on crude oil imports by converting 10% of its transport sector's diesel usage to liquefied natural gas (LNG), according to a case study by the Petroleum and Natural Gas Regulatory Board (PNGRB). The study suggests a potential shift of 30-40% of heavy-haul vehicles to LNG within five to seven years. This conversion could also lead to annual savings of around ₹14,000 crore for end consumers.

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