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Infographic

India’s gas demand in figures

India wants to boost the share of gas in its energy mix to 15% from 2030, up from 6.5% now, and securing lower LNG import prices could prove key to meeting this target India wants to boost the share of gas in its energy mix to 15% from 2030, up from 6.5% now, and securing lower LNG import prices could prove key to meeting this target.
By Staff reporter 10 February 2020 Asia Pacific / Policy & Regulation 0 35009
Chart showing Indian gas demand

Qatar accounts for 40% of India’s LNG imports, and New Delhi has requested a price review on the back of falling LNG spot prices on world markets.

In last week’s issue of Natural Gas Insight, our Middle East Specialist James Gavin analysed how Qatar’s rising LNG production may prompt it to allow price cuts in exchange for higher volumes. The challenge facing the gas-rich Gulf state is that it needs to place 49 mtpa pf additional gas contracts...