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Import dependency of Natural Gas and LNG import price in India

Implications of the Gas Price Increase in India

October 30th, 2014

The increase in gas price has come as a huge relief to the upstream players like ONGC and Oil India. Government estimates that 80% of the additional revenue will go to government owned companies. Natural gas was losing its market share in India due to expensive LNG imports and lack of domestic supply. The discovery of Krishna Godavari field (KG-D6) by Reliance in 2002 had increased the hope of transforming the natural gas industry in India. However, production started falling after reaching a peak of 57 mmscm/d in 2010. The expected peak production was 80 mmscm/d.


Read our last executive brief


Energy consumption growth in the major G20 countries

Global energy trends 2013: BRICS and the USA draw the world's energy consumption


2013 is characterized by dynamic markets in the USA. Apart from the USA, the OECD countries are experiencing a mixed situation, as a result of the stagnation or the decline of their energy consumption. On the other hand, BRICS countries, led by China, continue to show a strong dynamism.

Read the Global energy trends 2013 publication

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Enerdata is an independent Information & Consulting firm specialising in the global energy industry and carbon market.
The company has more than 25 years' experience in political, economic and technology issues related to midstream and downstream energy at a global level.
Leveraging advanced forecasting models, robust methodologies and quantitative databases, Enerdata assists public and private organizations to better understand the dynamics and drivers shaping the global energy system.

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