Related Articles
Forward article link
Share PDF with colleagues

India: the great gas demand hope

With high import-dependency and rising gas demand, India is a prime target for LNG exporters. But price and infrastructure will decide how quickly the market develops

It's the country that many natural gas exporters are waiting for. India, a fast-growing economy with the world's second-largest population, seems destined to play a decisive role as a sink for excess supplies, believe hopeful exporters. A period of weak global liquefied natural gas prices can only help the fuel's rise. The potential is great. Shell reckons India's gas market will grow sixfold by 2030. BP forecasts consumption of the fuel will rise from 4.9bn cubic feet a day in 2015 to 12.8bn cf/d by 2035—growth of 162%. Gasification of the economy is now policy. The government wants the share of gas in the energy mix to reach 15% by 2030, more than double its level now. The forecasts shou

Also in this section
Refiners and finance: who's winning and where?
20 April 2018
Companies that splurged on sophisticated capacity additions, like Repsol and Tüpraş, and the majors with balanced upstream-downstream portfolios will benefit most
Middle distillates take centre stage
20 April 2018
Oil-product demand, especially for middle distillates, is rising more quickly that processing capacity. It's good news for refiners
Shipping sector braces for emissions storm
20 April 2018
Is the fuel oil market ready for tighter carbon and sulphur emissions rules on shipping?