Saudi Arabia is expected to consume a significant share of the additional production domestically
The report assesses electricity, CNG, LNG, petrol and diesel across six vehicle segments
The International Energy Agency (IEA) had previously expected global coal consumption to decline slightly this year
The latest increase followed fresh military action involving the US and Iran as well as attacks by Iran-backed Houthis on Saudi Arabia, adding to uncertainty over energy supplies from the region
The scheme, which will come into effect from 1 September, was approved on Tuesday, according to the Ministry of Petroleum and Natural Gas
In an interaction with BW Businessworld, Deepak Acharya, CEO, INOX India, and Ulf Stenerhag, CEO, Wayout International, discuss the outlook for India's LNG ecosystem