News Oil & Gas

LNG stations: Essar may set up 200 LNG stations

Essar group plans to set up at least 200 liquefied natural gas (LNG) fuelling stations and serve small gas consumers in the country, Prashant Ruia, a top group executive, said on Tuesday.

Essar also plans to manufacture green ammonia in India, with an aim to export it to the UK where it can be used in its refinery. The group has launched decarbonisation efforts at its refinery while also aiming to serve other customers seeking green fuels.

The planned distribution network of LNG fuelling stations aims to help build an ecosystem for LNG-powered trucks. Several state-run companies are looking at setting up LNG fuelling stations but extreme volatility in LNG prices in the past year has blocked those efforts.

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