To diversify India’s energy mix and develop a gas-based economy, India has set an ambitious target of increasing the share of natural gas in its primary energy mix from 6% to 15% by 2030. The government has launched targeted reforms for development of natural gas infrastructure, expansion of city distribution networks, market-determined gas pricing, and increased domestic gas production. For LNG developers, India therefore offers great potential.
What are the prospects and challenges for increasing the share of gas in different sectors of the economy?
What role can LNG play to support that objective, and how can the global gas market support India’s import needs?
What needs to happen to further promote India’s LNG imports?
Is the current price regime adequate for gas to reach 15% of the primary energy mix?
Is gas a competitive commodity at the consumer level to grow the share of gas for power and industrial uses?
What are some international best practices for gas markets and pricing that can be adapted for India?