From The Economic Times
Center-Right Owned by Bennett, Coleman & Co.India's natural gas demand to decline 2% in 2026 despite 10% rise in LNG imports: IEA
What's behind this
According to the International Energy Agency, India’s natural gas demand is expected to fall about 2 percent year‑on‑year in 2026 while liquefied natural gas imports are projected to rise roughly 10 percent, reflecting weakening domestic production and ongoing challenges such as disruptions to global LNG supplies through the Strait of Hormuz and high international prices. The outlook remains dependent on global supply availability and domestic factors.
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RSS excerpt
The trend highlights the challenges facing India's gas market as disruptions to global LNG supplies through the Strait of Hormuz and elevated international prices reshape supply and consumption patterns. The IEA said the outlook would remain influenced by global supply availability and domestic…