The Indian government is considering scrapping an import duty on liquefied natural gas (LNG) in the forthcoming Budget to be presented before Parliament next month. Government officials say that the Petroleum and Natural Gas Ministry has made a strong pitch for reducing the current LNG import duty from 2.5% to nil, in line with the objective of promoting the green energy, lowering the cost of power generation, increasing fertiliser production and extending the city gas distribution network across urban geographies.
