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New baseline data: Gas demand will be negative from 2025 onwards
Apr 13: A new set of baseline data has emerged on how Indian energy consumption is going to behave for the periods 2020-25, 2025-30, 2030-40 and 2040-60.
8Very interestingly, despite the fact that India wants to move deliberately into a gas economy, the CAGR of demand for gas starts to be in negative territory from 2025-30 onwards, and this accelerates in the 2030-35 period
8However demand for oil and gas will continue to be positive even though it will decelerate
8What has caused one of the largest such research group in the world to come up with such projections?
8Indian companies must keep such projections in mind while conducting their scenario planning.
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