India “Interested in Importing LNG from Iraq”

By John Lee.

Reuters reports that India said it is interested in importing liquefied natural gas (LNG) from Iraq, with imports of the cleaner fuel becoming attractive after New Delhi decided to raise prices of locally produced gas from April 2014.

Iraq has emerged as the second-biggest crude oil supplier to India after supplies from Iran were hit due to pressure from western sanctions.

Following a meeting with Prime Minister Nouri Al-Maliki in Baghdad, Indian oil minister M. Veerappa Moily (pictured) said that India will also be interested in gas-based projects and importing LNG from Iraq.

(Source: Reuters)

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