Huge Opportunity To Export LNG To India, China: IEA Chief

There is a huge opportunity for the US to export LNG to India and China in the next five years as they push to replace coal, the head of the International Energy Agency has said as he highlighted the growing importance of the two nations in the energy market.

Fatih Birol, executive director for the agency, said both India and China use gas at a minimum level.

Globally, the share of gas in the global energy mix is about 25 per cent, and in both these countries, it is less than or around 5 per cent only.

“So, there’s a big gap between the world average and them,” Birol told US lawmakers during a hearing on domestic and global energy outlook held by Senate Committee on Energy and natural Resources. Read More…

IEA, LNG