India prepares launch of gas hub
If all goes to plan, by the end of this year India should have established a gas trading hub
The establishment of a hub is an attempt to meet operators' demands for the adoption of a market-based gas-pricing regime. But India faces challenges in making the dream a reality, amid concerns over third-party access and competition. The gas-hub plan ties in with prime minister Narendra Modi's efforts to boost the share of natural gas in India's energy mix to 15% by 2030, from just over 6% now. More gas is reaching India from a variety of sources. June saw the first cargo of Russian liquefied natural gas, from Gazprom, reach its shores, just three months after India received its first US LNG cargo. Domestic supply is also increasing. More than 60m cubic metres a day of domestic gas product
Also in this section
28 April 2026
Oil traders warning of $200/bl oil are wrong, and the market should be wary of proclamations that the impact of the oil shortage has only begun to be felt and a that a ‘harsh adjustment’ is coming—even for industrialised nations
28 April 2026
Restoring supply from Saudi Arabia, the UAE, Kuwait, Qatar, Bahrain and Iraq involves complexities far beyond simply adjusting operational controls
28 April 2026
Datacentres will guzzle power at a ferocious rate, but the impact on wider energy markets will be far more complex than previously thought
28 April 2026
The key energy player faces balancing regional routes, political complexities, and creating a clear strategic vision for energy security
