India's Gas Growth Hinges on Infrastructure Investment and Market Reforms

India's long-term natural gas growth is closely tied to investment in midstream infrastructure and market reforms, according to a recent report by the International Gas Union (IGU).

The IGU notes that India has expanded its regasification terminal capacity but lags behind in investment in transmission and distribution infrastructure.

This limitation restricts the country's ability to increase gas consumption, emphasizing the need for reforms in market design, regulation, and pricing.

India remains heavily reliant on imports to meet its natural gas and LPG requirements, with domestic output accounting for only 50-52% of demand.