EconomyEXCLUSIVE: India may charge gas users to fund planned $42 billion fuel reserves, sources say
India could levy a charge on users of cooking gas and natural gas, according to two sources directly familiar with the matter. The proposed revenue would help finance a planned strategic fuel reserve valued at $42 billion. Supply disruptions during the Iran war highlighted vulnerabilities in India’s supply chains. The possible fee is being considered after those disruptions exposed the risks.
EXCLUSIVE: India may charge gas users to fund planned $42 billion fuel reserves, sources say
