News > Adani and Total bet on India’s LNG recovery

Adani and Total bet on India’s LNG recovery

India’s liquefied natural gas imports are picking up after years of weak demand, as companies such as Total and Adani bet heavily on a turnaround in a market that has so far defied lofty expectations. India has set ambitious targets to become one of the world’s biggest LNG importers by more than doubling the share of gas in its energy mix to 15 per cent by 2030. But the LNG import market has shrunk since the Covid-19 pandemic and Russia’s invasion of Ukraine.