LNG tanker arriving at Kochi LNG
India’s growing gas appetite
Demand increasing at a clip as government plots infrastructure buildout
India’s gas consumption has grown steadily at a rate of more than 7% in the first half of the 2023–24 financial year after a lacklustre showing in 2022–23, data released by the government’s Petroleum Planning & Analysis Cell shows. With total consumption of 5.8bcm in September, India’s gas use marked its ninth consecutive month of growth with a 24% increase year-on-year. The surge was driven primarily by the power generation and refining sectors, with annual growth of 34% and 78%, respectively. The start of the holiday season, which is associated with higher power demand and a surge in industrial activity, also helped fuel the rise. Gas consumption declined by 6.53% in FY 2022–23 compare
Also in this section
22 April 2025
Saudi Arabia is growing as a geopolitical and diplomatic force amid an increasingly fractured world
22 April 2025
Modest downward revisions to 2025 supply belie the longer-term damage to E&P from a weaker oil market
16 April 2025
Israel continues to strike new oil and gas concession agreements and gas exports continue to rise, but an overreliance on Egypt remains the big concern
15 April 2025
Loss of US shipments of key petrochemical feedstock could see Beijing look to Tehran with tariffs set to upend global LPG flows
