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Gas demand in India-II: Concrete measures needed
Feb 13: Even as the share of gas in India’s energy basket has fallen considerably in the past few years due to declining domestic production, all major players are betting on India’s gas share to increase sharply in the coming years, especially with the price outlook on LNG.
8Some indications are already visible.
8Concrete measures would be required for opening up the markets and take the policy intent to actual results.
8There is recognition that the lack of liquidity causes high prices, sub-optimal use and under-investment in the sector.
8There is also a realization that the upstream, midstream and downstream segments can no longer be progressed in isolation.
8For the country to truly benefit from the positive interest in the sector and reduce the costs for consumers, this integrated market development blueprint has now become a necessity.
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