Natural gas & LNG

Asia Pacific June 2019

Regional analysis & forecasts
Economic overview

India’s economy is forecast to see stable growth out to 2021.

India’s economy is forecast to expand by 7.5% this year, and this rate is forecast to continue through 2021, according to the latest World Bank forecast. This is a higher rate of growth than that seen last year, when the country’s GDP increased by 7.2%. Investment and slowing inflation will be positive for India’s GDP growth this year and next. This will support the expansion of the country’s energy and gas markets, driving further gains...