India expands LNG sourcing network from 6 to 15 countries, crude oil from 27 to 41 amid geopolitical risks
New Delhi, Aug. 10 -- India has expanded the number of countries from which it sources liquefied natural gas (LNG) from six to 15, as it seeks to reduce the risk of supply disruptions caused by geopolitical tensions and maritime transit challenges, the government told the Rajya Sabha on Monday.
The country has also increased the number of countries from which it sources crude oil from 27 to 41, Minister of State for Petroleum and Natural Gas Suresh Gopi said in a written reply to an unstarred question on the impact of geopolitical disruptions and transit risks on energy supplies, ANI reported.
The government said the broader sourcing base has helped reduce India's dependence on any single country, region or transit route and strengthene...
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