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The Niti Aayog has proposed a host of fiscal and non-fiscal incentives, including extension of the production-linked incentive scheme to vehicles run on liquified natural gas and setting up a demand aggregator, to encourage use of LNG in medium and heavy commercial vehicles.

Since the discovery of large offshore oil and gas reserves in 2014, Senegal has set its hopes on fossil fuel export revenue to help fund its plans to become an emerging economy by 2035.

The global oil and gas industry encompasses a large and diverse range of players: from small, specialised operators to huge national oil companies. These producers face pivotal choices about their role in the global energy system amid a worsening climate crisis fuelled in large part by their core products.

Africa’s energy sector is on the precipice of transformation with large-scale developments kicking off across the continent. Providing a comprehensive overview of the evolving industry, the African Energy Chamber (AEC) is pleased to reveal its latest industry-focused report: ‘The State of African Energy 2024 Outlook’.

The Global Gas Security Review has provided a thorough assessment of the evolution of gas supply security and LNG contracting trends each year since its first publication in 2016.

Shipbuilders lured by a temporary bull market will likely be left stranded as the world transitions away from fossil fuels. They are facing significant risk by overshooting liquefied natural gas (LNG) shipping capacity that is inconsistent with future energy scenarios.

This report mainly deals with energy transition issues connected with the oil and gas sector, and energy transition will also significantly impact other sectors like industry, transport, cooking etc.

The global natural gas market suffered a major shock in 2022 as Russia cut pipeline deliveries to Europe substantially, placing unprecedented pressure on supply and triggering a global energy crisis.

This report outlines a decarbonisation pathway that shows it is possible for five of Australia's most significant heavy industry supply chains to transition to net zero, consistent with global efforts to limit warming to 1.5ºC.

This background note was developed to inform the discussions at the Special IEA Ministerial on Gas Markets and Supply Security on 15 February 2023. It assesses the latest developments in European and global natural gas markets, taking into account the impacts of the energy crisis triggered by Russia’s invasion of Ukraine in 2022.

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