India builds momentum in gas usage
Steadily rising demand for natural gas is bringing environmental benefits but also concern about import dependence
India appears set to overtake China as having the world's largest residential market for LPG by 2030, due to the combined effect of a range of government measures to promote the uptake of cleaner burning fuels. “LPG demand in the residential sector will continue to see sustainable growth at a cumulative annual growth rate of 3.3pc, reaching 34mn t in 2030 as households' dependence on solid biomass diminishes in the long run supported by rising average household incomes and urban population,” a recent report by consultancy Wood Mackenzie projects. Motivated by environmental and health concerns around burning biomass for domestic energy consumption, New Delhi has been promoting use of LPG amon

Also in this section
5 March 2025
The oil alliance’s decision to keep to the plan amid tightening economic fundamentals seems to have been lost in the global geopolitical maelstrom, misplaced market speculation and haze of conjecture
5 March 2025
Petronas is making huge efforts to arrest falling oil production and accelerate gas increases to meet rising demand, but political tensions persist
5 March 2025
Plans to boost capacity have seen little progress as the country lags behind other major oil consumers and importers
4 March 2025
The US and Canada are boosting capacity builds for renewable diesel and biofuels, while Central and South American countries are investing heavily to upgrade and expand their domestic refining sectors