S&P Global Platts: India CEO Series: Shell aims to expand retail oil, LNG footprint in India
- AuthorSambit Mohanty
- EditorDebiprasad Nayak
- LNG | NATURAL GAS | OIL
- 04 Sep 2019 | 06:33 UTC
HIGHLIGHTS
Doubles presence in retail oil segment in two years
Hazira LNG deal to help create integrated value chain
Investing in biofuels, solar in new energy push
New Delhi — Shell is pushing ahead with its ambitions to grow its retail oil network in India where growth prospects look promising, while working towards expanding its footprint in the fast-growing LNG market, country chairman Nitin Prasad told S&P Global Platts in an interview.
The country’s growing energy needs has given Shell a huge opportunity to grow its presence not only in the conventional energy space, but has also opened up a window of opportunity to explore new energy initiatives, he added.