Petronet is expanding the capacity of its Dahej terminal from 17.5mt/yr to 22.5mt/yr
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
22 January 2026
As Saudi Arabia pushes mining as a new pillar of its economy, Saudi Aramco is positioning itself at the intersection of hydrocarbons, minerals and industrial policy
22 January 2026
New long-term deal is latest addition to country’s rapidly evolving supply portfolio as it eyes role as regional gas hub
21 January 2026
Petroleum Economist takes a look at the critical developments that look set to govern the course of the market for this year
20 January 2026
The ripple effects of US refiners switching to Venezuela grades will be felt from Canada to China and everywhere in between
