Puri says India imports half its gas, pushes CBG output
In short
India’s oil and gas minister Hardeep Singh Puri said the country imports 50% of its gas needs. He said rising energy demand means India must rely less on imports, and the government is putting in place a new compressed biogas plan.
The idea is to raise domestic fuel output and cut dependence on foreign supply. The report does not say when the plan will show results or by how much imports may fall.
What the reporting says
India’s Petroleum and Natural Gas Minister Hardeep Singh Puri said the country imports 50% of its gas needs and needs lower reliance on imports. The report says the government is rolling out a new compressed biogas framework to raise domestic output sharply, but it does not give a target year or a specific production base. It is also not stated how this will affect prices or imports immediately.
Why it matters
Hardeep Singh Puri’s remarks highlight India’s dependence on imported gas and the government’s push to expand compressed biogas production through a new framework. The reported goal is to strengthen domestic energy supply as demand rises faster than the global average. The available reporting does not specify the 10X target details, the timing, or the near-term market effect.