Proposed US law could boost gas export to India


iStock_000004501460MediumThe surplus is largely due to rapid advances in the technology and extraction of shale gas and oil over recent years

The latest version of a Bill in the US legislature for expedited approval on export of natural gas to World Trade Organization members could help India. Over the past year, surplus production of LNG (liquefied natural gas) in the US has given impetus to the prospect of its exports to countries as India, Ukraine and Japan.

 

 

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SOURCE: http://www.business-standard.com/

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