India’s energy consumption has doubled since 2000
India’s import opportunity trumps its upstream
International firms still see targeting India’s downstream demand as significantly more attractive than investing in its production, despite recent government reforms and efforts at promotion.
India’s energy demand will continue to grow for another 20-25 years and will include a “shift from dirty to clean fossil fuels” during the country’s low-carbon transition, Tarun Kapoor, secretary for India’s Ministry of Petroleum & Natural Gas, told a CeraWeek panel earlier this month. The demand growth means the “market will always be here” for international investors, says Kapoor. And India’s demand projections mean crude producers—anticipating a long-term decline in demand in developed countries—see India as a good market in which to embed themselves, says Emma Richards, senior oil and gas analyst at research firm Fitch Solutions. “[The] complexity of India’s overlapping bureauc
Also in this section
21 April 2026
After overcoming a COVID-induced demand collapse with several years of successful market management, geopolitical events have conspired to provide the pact’s biggest test to date
21 April 2026
The regime’s policy of using nuclear ambiguity as a deterrent may have failed but it has realised it has other cards to play, while its neighbours are reappraising their approach to security
21 April 2026
As the global energy system undergoes a fundamental realignment, Algihaz Holdings has established itself as a critical player bridging conventional energy markets and the next generation of renewable infrastructure.
21 April 2026
The 25th WPC Energy Congress is taking place from 11-15 October 2026 at the Riyadh Front Exhibition & Conference Center.
