India Must Diversify Gas Imports Amid Global Price Volatility

India's long-term natural gas growth depends on several factors, including expanding liquefied natural gas (LNG) import capacity and accelerating investment in transmission and distribution infrastructure, according to a new report by the International Gas Union (IGU).

The report highlights that while India has made significant progress in expanding its LNG regasification terminal capacity, investment in midstream infrastructure has failed to keep pace, restricting the country's ability to increase natural gas consumption.

India's dependence on imported gas remains significant, with domestic production meeting only around 50-52 per cent of total natural gas demand. The remaining requirement is met through LNG imports from countries including Qatar, Australia, the United States, and Russia.