The growing dependence on liquefied natural gas (LNG) is reshaping India’s energy security and foreign trade dynamics, influencing both energy diversification and the trade balance. Discuss.
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Category: Economy (GS -III),
Test Date: 22 Feb 2025
Approach
Introduction:Briefly introduce the significance of LNG in India's energy mix and trade relations.
Energy Security: Discuss how LNG contributes to India’s energy diversification and its role in meeting growing energy demands.
Trade Balance: Examine the impact of increased LNG imports on India's trade deficit, with a focus on major suppliers like Qatar and the US.
Conclude accordingly
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