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India taking pole position on oil demand growth
The country’s rapidly expanding economy is boosting its consumption of oil as demand for the fuel slows elsewhere in the world
The spectre of a European gas price cap returns
Brussels is again weighing a cap on gas prices amid the Hormuz crisis, but the measure could backfire by deterring the LNG cargoes Europe urgently needs
European gas: From bad to much worse
The continent’s inventories were already depleted before conflict erupted in the Middle East, causing prices to spike ahead of the crucial summer refilling season
Letter from Asia: The nuanced India-Russia oil picture
The South Asian consumer’s next move could tighten the Middle East oil market overnight
Letter from the Middle East: Aramco provides big global gas reveal
The Saudi energy leader’s announcement of first production at Jafurah and the launch of operations at the Tanajib Gas Plant marks a turning point not just for the company, but for the world’s energy landscape
EU methane regulation could backfire
While broadly supportive of EU efforts to tackle methane emissions, representatives of the gas industry warn it could deter supply contracting if timelines and compliance requirements are not made more pragmatic
Letter from Europe: Gas crossroads
Caught between LNG risks from across the Atlantic and the wounds from Russian gas dependence, Europe needs more than a simple diversification strategy
Indian refiners prove their adaptability
A strategic pivot away from Russian crude in recent weeks tees up the possibility of improved US-India trade relations
Gas deal keeps Lebanon’s offshore hopes alive
The signing of a deal with a TotalEnergies-led consortium to explore for gas in a block adjoining Israel’s maritime area may breathe new life into the country’s gas ambitions
Turkey locks in more Azeri gas
New long-term deal is latest addition to country’s rapidly evolving supply portfolio as it eyes role as regional gas hub
India Gas LPG
Siddharth Srivastava
24 October 2020
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India builds momentum in gas usage

Steadily rising demand for natural gas is bringing environmental benefits but also concern about import dependence

India appears set to overtake China as having the world's largest residential market for LPG by 2030, due to the combined effect of a range of government measures to promote the uptake of cleaner burning fuels. “LPG demand in the residential sector will continue to see sustainable growth at a cumulative annual growth rate of 3.3pc, reaching 34mn t in 2030 as households' dependence on solid biomass diminishes in the long run supported by rising average household incomes and urban population,” a recent report by consultancy Wood Mackenzie projects. Motivated by environmental and health concerns around burning biomass for domestic energy consumption, New Delhi has been promoting use of LPG amon

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