India faces challenges meeting gas, LNG import needs

This part of the special report on India’s changing energy balance assesses the growing role the importation of natural gas via pipelines and LNG can play in meeting India’s future energy demand. Part 1 of the article covered India’s energy market forecast, its gas price evolution, and the role indigenous gas supplies and equity in overseas supply sources will play in satisfying the country’s gas market growth (OGJ, Jan. 23, 2006, p. 18).India’s gas industry is at a crossroads because demand is outpacing domestic production. Although passage of the New Exploration Licensing Policy has raised domestic gas prices and encouraged new exploration and development, ...

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