IEA sees India’s imports of natural gas, oil zoom by 2030

IEA sees India’s imports of natural gas, oil zoom by 2030

India’s import of natural gas will double and that of oil will rise 50% by 2030 due to soaring domestic demand while production remains subdued, International Energy Agency (IEA) said in its latest outlook released on Thursday.

The demand for natural gas in the country would nearly double to 115 billion cubic meters (bcm) in 2030 from 66 bcm in 2021, with most of the growth coming from manufacturing and other industry, according to IEA’s World Energy Outlook based on the stated policies ..

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