Indian LNG import tax halved
Published by Joseph Green,
Editor
LNG Industry,
Reuters are reporting that India's finance minister Arun Jaitley has unveiled a budget for recovery in parliament on 1 February.
The budget has halved import tax on LNG to 2.5% from 5%.
The move is part of India’s push to become a gas-based economy.
The government had earlier stated its intent to more than double its annual LNG import capacity to 50 million t in the next few years.
Read the article online at: https://www.lngindustry.com/liquid-natural-gas/01022017/indian-lng-import-tax-halved/
You might also like
BC Hydro to build additional power line for Woodfibre LNG
BC Hydro will build an additional power line to ensure Woodfibre LNG has reliable access to clean and renewable power.