LNG Transportation
India will remain a bright spot in petchem demand by 2025
Industry executives told the India Energy Week conference that India's petrochemical market will grow in 2025, despite the fact that global demand is still behind supply. This is due to a growing demand for household appliances, solar panels, and electric vehicle components. Sanjay Khanna, director of refineries at Bharat Oil, said that the company is seeing a good demand locally in sectors such as propylene. A S Sahney, chairman of Indian Oil, said that demand for oil is expected to be resilient in 2019. Petrochemicals can be used as building blocks in a wide range of products, including plastics, pharmaceuticals,...