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India's natural gas demand to rise 60% by 2030, says IEA

February 13, 2025

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Financial Express Kochi

INDIA'S NATURAL GAS demand is forecast to increase by nearly 60% by 2030, putting the country's projected gas demand on a par with some of the world's largest consumers, the International Energy Agency (IEA) said on Wednesday.

- ARUNIMA BHARADWAJ New Delhi, February 12

The agency released its report on India gas market outlook to 2030 during the India Energy Week here. According to the report, the country's gas consumption is set to reach 103 billion cubic metres (bcm) annually by the end of the decade. "Following over a decade of slow growth and periodic declines, India's natural gas demand increased by more than 10% in both 2023 and 2024, indicating an inflection point," it said.

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