Bangladesh, Feb. 8 -- Indias roadmap towards carbon neutrality and transition from coal to gas gives Russia great potential to increase exports. This is especially crucial since India has a great overreliance on Qatari LNG, which exposes the country to its manipulation.

Indias market share in Russias LNG supply structure is only 2%, and at the same time, it only imports 2% of its LNG needs from Russia. As the recent deal to acquire more Qatari energy shows, there is a great demand in India for LNG since it is needed to produce electricity, make fertilisers, and convert them into compressed natural gas.

Russia is not an important LNG supplier to India. In the period 2022-2023, Russias LNG supply was only about 0.5-0.6 million tons per ye...