India’s natural gas demand set to rise 6% in 2024, anticipates International Energy Agency report

India’s natural gas demand is poised for a 6% increase in 2024, rebounding from a 7% year-on-year decline observed in 2022, according to the latest report from the International Energy Agency (IEA). 

The primary driver of this surge is anticipated to be the heightened usage of gas in various sectors, including industry (particularly in the fertilizer sector) and an increased gas burn in the power sector.