GAIL India Ltd will seek to buy a stake in a U.S. liquefied natural gas plant or secure long-term U.S. LNG supply after the Trump administration lifted a ban on export permits for new projects, chairman Sandeep Kumar Gupta said.

India, the fourth-largest LNG importer, aims to raise the share of gas in its energy mix to 15% by 2030, up from 6.2%.

GAIL India Ltd. is looking to buy a stake in a US liquefied natural gas (LNG) plant or secure long-term US LNG supply, as per Chairman Sandeep Kumar Gupta. The move comes after the Trump administration lifted a ban on export permits for new LNG projects.

GAIL had to stall its 2023 process to buy a stake of up to 26 per cent in an LNG plant in US after then-President Biden paused approvals for pending and future applications to export LNG