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    Reuters: Indian Oil Shifts Focus to Expanding Natural Gas Business

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Summary

Indian Oil Corp (IOC) is expanding its natural gas business as the south Asian nation aims to cut its dependence on coal and oil.

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Asia/Oceania

Reuters: Indian Oil Shifts Focus to Expanding Natural Gas Business

Indian Oil Corp (IOC) , the country's biggest refiner, is expanding its natural gas business as the south Asian nation, the world's third-largest carbon emitter, aims to cut its dependence on coal and oil.

Thirteen of the world's 20 dirtiest cities are in India, with New Delhi taking top spot, a report by the World Health Organisation said last year.

As part of Prime Minister Narendra Modi's "Clean India Mission", the country last year launched an air quality index to help citizens understand complex pollution data and its implications for their health.

"Gas is certainly seen as the fuel of future with so much emphasis on environment ... we would like to play an active role in terms of providing customers with the choice of the fuel they want," B. Ashok, IOC chairman, told a news conference. MORE