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India's Emerging Role in Global Energy Procurement

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India's Emerging Role in Global Energy Procurement

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Questions and Answers

What does Pankaj Jain suggest is a key factor for making 'cleaner' natural gas available to consumers?

Decreasing the diversity of fuel sources

Upgrading terminal capacities and pipeline networks (correct)

Limiting government involvement in negotiations

Increasing natural gas prices

According to Pankaj Jain, what will drive the demand for natural gas in India?

Scaling of gas-based mobility and expansion of piped gas connections to homes (correct)

Minimizing government influence in procurement deals

Reduction in terminal capacities

Decrease in bio-fuels production costs

What did Pankaj Jain highlight as a way to meet the challenge of expanding bio-fuel adoption?

Reducing the availability of natural gas

Scaling up bio-fuel production at an affordable cost (correct)

Focusing solely on natural gas adoption

Discouraging the use of bio-fuels

How does Pankaj Jain describe India's role in the global energy market?

As the demand centre for energy Signup and view all the answers

What was Pankaj Jain's stance on encouraging sellers in natural gas procurement deals?

Encouraging sellers to engage in negotiations Signup and view all the answers

What is the primary reason for India being considered a demand centre for energy, according to the text?

High purchasing power enabling procurement deals below market rates Signup and view all the answers

According to Mr. Jain, why is diversification of fuel sources considered crucial in making 'cleaner' natural gas available to consumers?

To reduce dependency on a single energy source Signup and view all the answers

How does Mr. Jain propose to drive the demand for natural gas in India?

By scaling up gas-based mobility and expanding piped gas connections Signup and view all the answers

What role does Mr. Jain attribute to natural gas in the energy transition according to the text?

A bridge-fuel during the energy transition phase Signup and view all the answers

Why does Mr. Jain emphasize the need to expand adoption of bio-fuels in India?

To scale up production at an affordable cost Signup and view all the answers