India sets out multi-faceted reform to support gas
New Delhi is set to implement a new pipeline tariff policy to complement its first trading exchange and under-construction distribution network, to further boost the use of gas
The Indian government announced further measures during June to raise the share of gas in the country’s energy mix. The target is to increase the contribution of gas from c.6pc to 15pc by 2030. In mid-June, oil minister Dharmendra Pradhan and the Petroleum and Natural Gas Regulatory Board (PNGRB) announced that a new pipeline tariff policy would soon be unveiled to rationalise gas prices across the country. India also launched its first gas trading exchange, which will enable entities such as Shell and Dutch and Singaporean commodities trading houses Vitol and Trafigura to sell LNG directly to domestic customers at spot and forward market rates. PNGRB recently permitted the setting up of LNG
Also in this section
19 March 2026
The regional crisis highlights the undervalued role of fixed pipelines in the age of tanker flexibility
18 March 2026
Rising LNG exports and AI-driven power demand have raised concerns that US gas prices could climb sharply, but analysts say abundant shale supply and continued productivity gains should keep Henry Hub within a range that preserves the competitiveness of US LNG
18 March 2026
Risks of shortages in oil products may cause world leaders to panic and make mistakes instead of letting the market do what it does best
17 March 2026
The crisis in the Middle East has put LNG’s ability to offer security and flexibility under uncomfortable scrutiny
