India has been registering a sustained growth in terms of demand for natural gas and its outlook towards sourcing LNG from global supply destinations has been promising.
The positive sentiments around India as a promising LNG buyer received a significant push when India (at COP 21, Paris) committed to reduce its carbon intensity by a third from 0.37kg per capita of GDP in 2005. All the same, the government's plan to double the share of natural gas in India's energy mix - from 6.5% in 2015 to 15% over the medium term goes well with the positive perception of India's outlook towards developing its gas market.
LNG supplier interest has shifted towards India and China as the next major demand centres. India has been registering a steady growth in LNG imports for more than a decade. The share of LNG in India's gas basket is close to 50%. The global LNG supply glut and drop in LNG prices has further favoured India's appetite towards LNG which has resulted in a positive outlook towards a robust LNG imports scenario in the times to come.
The positive outlook towards a robust natural gas demand growth amid the ground realities such as domestic supply constraints, under-balanced gas pipeline and RLNG terminal infrastructure signals that significant ground needs to be covered in terms of infrastructure development and adopting innovative supply-chain approach towards penetrating gas markets through LNG.
New disruptions and infrastructure developments are expected to happen in the times to come due to technological evolutions in storage and regasification of LNG at end-user point of use across industrial (ISO Containers and Cryogenic Storage) and transport segment (LCNG, LNG in M&HCV).
PNGRB looking aggressive in terms of bidding for city gas distribution projects as well as pushing for gas pipeline development the upcoming CGD bidding round IX with 86 geographical areas is a major step in this direction.
- Indian Oil
- GAIL GAS
- IMC limited
- Gujarat Gas
- Petronet LNG
Key Topics Covered
1. Executive Summary
3. Natural Gas Industry Structure - Important authorities and their roles & responsibilities
4. Analysis of Natural Gas Value Chain Infrastructure
5. Current & Evolving State of Play in RLNG Terminals in India - 2018
6. Natural Gas Demand Elasticity - Status in 2018
7. Domestic Natural Gas supply outlook from 2018 to 2030
8. Assessment of Total Demand Universe of Natural Gas in India from 2018 to 2030
9. Total Unmet Demand Universe of Natural Gas in India from 2018 to 2030
10. Total Unmet Demand of Natural Gas (on Pipeline Grid) in India from 2018 to 2030
11. Total Unmet LNG Demand Universe (basis RLNG terminal capacities) in India from 2018 to 2030
12. Scenarios for Total Balance Unmet LNG Universe (balance of contracted LNG volumes) in India
13. Elasticity of Natural Gas Demand on Pipeline Grid relative to affordability in India
14. New LNG market creation opportunities
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