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India expecting to import LNG from Canada


  • Energy-hungry India is looking to import liquefied natural gas (LNG) from Canada to meet its requirements.
  • Canada could potentially supply a significant amount of the 44 billion cubic metres of natural gas that India is forecast to import annually by 2025.
  • In March 2014, Indian Oil Corp (IOC) has already taken a 10 per cent stake in the Pacific NorthWest LNG.
  • India, in 2009, had for the first time imported Canadian oil. In 2014, India imported 1,500 barrels of Canadian oil per day.
  • Both the nations highlighted Canada and India’s growing energy partnership, to help create jobs and long-term economic prosperity for both countries.
  • Canada and India will work together to enhance skill development and the areas of clean energy technologies.

Source:The Economic Times

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