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 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

Gail India Ltd., one of the country’s top liquefied natural gas buyers, expects US President Donald Trump’s goal of increasing energy production to make fuel imports more viable in the price-sensitive nation.