Falling spot liquefied natural gas prices have boosted consumption of the fuel in India and triggered demand for LNG infrastructure in countries long shut out of the gas trade.

"We are thinking global and we are not looking inwardly only at India ... we have potential and we should aim for 30 billion-40 billion rupees' ($445 million-$596 million) worth of projects every year for five years," Prabhat Singh told Reuters in an interview.

Petronet