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India Gas Market report - Outlook 2030
February 16 , 2025
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- The ‘India Gas Market Report: Outlook to 2030’ was released by the IEA.
- Natural gas consumption in India is projected to grow by nearly 60 per cent to 103 billion cubic meters (bcm) annually while gas imports will double by 2030.
- India’s natural gas demand grew by more than 10 per cent in both 2023 and 2024.
- Since 2019, India has nearly quadrupled the number of compressed natural gas (CNG) stations and more than doubled residential gas connections.
- The transmission pipeline network has been expanded by 40 per cent.
- Liquefied Natural Gas (LNG) imports into India increased by 10 percent in 2023 and 2024.
- The Domestic production met 50 per cent of the country’s demand in 2023, and is projected to grow gradually to just under 38 bcm by 2030.
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