Natural gas has emerged as the most important energy source for the future. Given the increased availability of natural gas, relatively cleaner environmental properties and its diversified applications across all sectors, natural gas is going to play an increasingly important role in meeting demand for energy in the country.
In India, Natural Gas started getting importance in the last 2 decades when the Government setup Gas Authority of India Limited to handle the gas distribution business. However, over the past few years, Indian natural gas market has moved through some very dynamic changes. Recent discoveries have increased India’s stature as an oil and gas E&P destination. There is new found enthusiasm and there is an expectation of more discoveries and increased production. The increasing domestic production and expanding pipeline infrastructure will unlock more gas demand in the country. This is expected to significantly increase the use of gas in traditional uses like power, fertilizer and petrochemicals. It will also be increasingly used in city gas distribution.
In this backdrop, it is certain that next few years would see a lot of activity happening in the natural gas sector in India. This would also provide huge opportunities to the stakeholders in the natural gas supply chain to reap the benefits in the growth process. However, the stakeholders need to identify these opportunities well in time so as to benefit from the same.
Therefore, SNP Infra Research has made an attempt to prepare a comprehensive report on natural gas sector in India. This report analyses each segment of the value chain including domestic production, LNG imports, transportation infrastructure, demand from all major sectors, and policy and regulations affecting the sector. Since the happenings in the energy sector are dependent on global events, the Indian has scenario is evaluated in the global context wherever required.