The Hindu : Page 13
Syllabus : Prelims Fact
In 2023, the U.S. overtook the UAE to become India’s second largest LNG supplier, driven by lower international LNG prices and proximity advantages.
- The U.S. also became the top global LNG exporter, while Qatar continued as India’s largest supplier and African LNG imports to India declined significantly.
- In 2023, the U.S. became India’s second largest LNG supplier, surpassing the UAE with 3.09 million tonnes (mt) of LNG.
- The increase is attributed to weakening international LNG prices and India’s proximity to U.S. LNG via the Cape of Good Hope, reducing freight costs.
- The U.S. also became the world’s largest LNG exporter in 2023.
- Qatar remained the largest supplier to India, increasing shipments to 10.92 mt in 2023.
- African nations, notably Nigeria and Angola, saw a significant decrease in their share of LNG exports to India from 2.7 mt and 2.9 mt in 2019 to 0.73 mt each in 2023.
UPSC Prelims Practice Question
Ques: Consider the following statements
1. Liquified natural gas (LNG) is liquified under extremely cold temperatures and high pressure to facilitate storage or transportation in specially designed vessels.
2. First LNG terminal in India was built in Hassan.
3. Natural gas liquids (NGL) are separated from LPG and these include ethane, propane, butane and natural gasoline.
Which of the statements given above is/are correct?
a) 1 only
b) 1 and 3
c) 2 and 3
d) 1, 2 and 3
Ans : b)
