India’s LNG falling short
More needs to be done to meet the government’s ambitious targets for gas
India’s gas consumption saw a sudden and unexpected slump during the first five months of the financial year ending 31 March 2026, with consumption of 28.70bcm marking a decline of 7.89% compared with the same period in 2024–25. This represented the steepest decline since the early months of the Covid-19 pandemic, when gas consumption plummeted. Barring the current rough patch, Indian gas consumption has remained steady in each of the last three years. However, expansion of pipeline infrastructure, a ramp-up in domestic production and a more favourable policy environment are needed to meet the target of gas accounting for 15% of the energy mix by 2030 compared with 6% now. Tepid demand Ind
Also in this section
4 December 2025
Time is running out for Lukoil and Rosneft to divest international assets that will be mostly rendered useless to them when the US sanctions deadline arrives in mid-December
3 December 2025
Aramco’s pursuit of $30b in US gas partnerships marks a strategic pivot. The US gains capital and certainty; Saudi Arabia gains access, flexibility and a new export future
2 December 2025
The interplay between OPEC+, China and the US will define oil markets throughout 2026
1 December 2025
The North African producer’s first bidding round in almost two decades is an important milestone but the recent extension suggests a degree of trepidation






