The growing Liquefied Natural Gas (LIQUEFIED NATURAL GAS (LNG)) Market production will result in the expansion of the liquefied natural gas market size at a CAGR of about 6% during the forecast period.
The growing LIQUEFIED NATURAL GAS (LNG) production will result in the expansion of the liquefied natural gas market size at a CAGR of about 6% during the forecast period.Liquefied Natural Gas mainly contains methane, which is condensed to liquid state by cooling at 256 degree Fahrenheit. The higher reduction of volume when compared to CNG is an advantage to transfer LIQUEFIED NATURAL GAS (LNG) from one country to another as per the requirement. Increasing consumption of energy will accelerate the usage of LIQUEFIED NATURAL GAS (LNG) further. It is estimated that more than 250 years of renewable natural gas is available as per the current consumption level, new pipelines, inter connections and LIQUEFIED NATURAL GAS (LNG) infrastructures are being built to exploit this unconventional resource.
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Major vendors covered:
Shell, Chevron, Atlantic, Total, Bechtel Corporation, BG Group, GAIL, and Petronet LIQUEFIED NATURAL GAS (LNG) Limited.
The report aims to provide an overview of India Liquefied Natural Gas (LIQUEFIED NATURAL GAS (LNG)) Market along with detailed segmentation of market by application, and end-user verticals. Continuous growth of Indian economy, along with competitive fuel and gas pricing is the major factor driving the growth of LIQUEFIED NATURAL GAS (LNG) market in India.
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