India seeks to diversify its energy sources
India steps on the gas pedal
Substantial increases in pipeline infrastructure over the next two years are expected to supercharge gas consumption
The Indian government may find that fulfilling its ambition of increasing gas’ share of the primary energy mix to 15pc from the current 6.3pc by 2030 easier said than done. While the country wants to wean itself off coal and diversify its energy sources, it must balance the competing aims of an increasingly voracious appetite for energy, efforts to reduce emissions via use of gas, and the global risks over availability of LNG and the potential impact on prices. Despite its vast energy demand, India is just the 14th-largest global consumer of gas. The country used 63.9bn m³ of the fuel in the 2021–22 financial year, an increase of 5.08pc on an annual basis. However, the spike in global gas p
Also in this section
10 December 2024
Sector at economic and strategic crossroads, but clear path ahead for midstream additions
30 November 2024
Decades of turmoil have left Iraq’s vast energy potential underutilised, but renewed investment and strategic reforms are transforming it into a key player in the region
29 November 2024
The country's fifth and sixth oil and gas bid rounds have attracted a range of new players with gas as well as oil ambitions—and there’s a seismic shift in the contracting process
28 November 2024
Iraq is charting a new path for its indigenous resources and its youth, hoping to electrify the future with a mix of reforms and modernisation to fuel growth
