Author: Hriday Sarma
The Evolving Landscape of LNG Trade: Opportunities and Challenges for Russia and India India’s strategic shift towards liquefied natural gas (LNG) is reshaping its energy sector amidst global energy trade dynamics. GAIL (India) Ltd recently secured a 10-year LNG purchase deal with Vitol, including gas from Russia, to meet its energy goals by 2030. Photo: commons.wikimedia.org by Hannes Grobe, CC BY 3.0 India’s varying LNG imports highlight its reliance on imported gas to meet energy demands. Agreements like Vitol and Novatek help secure energy stability amidst fluctuations. Russia’s LNG exports to Europe and China showcase its market resilience. India’s use…