Exploration & Production

India’s gas consumption shifts in favour of LNG

Growth in LNG imports means India’s gas consumption is edging closer to the highs seen at the start of the decade Growth in LNG imports means India’s gas consumption is edging closer to the highs seen at the start of the decade.
By Andrew Walker 14 May 2018 0 30832
Chart showing India's gas consumption by year.

India’s gas consumption was up by 10% on an annual basis in the 2017-2018 financial year, to more than 52 billion cubic metres. This is the highest level since the 2011-2012 financial year, when production from the KG-D6 block was nearing its peak. It is also the first year that more than half of the gas consumed in the country was imported. A total of 26.3 bcm was imported during the year, according to the...