The domestic natural gas consumption is expected to rebound and grow by 3-4 per cent year-on-year in FY2027 after witnessing a phase of near-term moderation in FY2026, according to a report by ICRA.
India's natural gas consumption is forecast to increase by nearly 60 per cent by 2030, driven by robust growth in city gas distribution, industrial demand, and power generation, International Energy Agency said in its 'India Gas Market Report - Outlook to 2030'.
After Adani Total Gas Ltd (ATGL) delivered robust operational performance in the second quarter of financial year 2025, Suresh P Manglani, CEO and Executive Director of ATGL, highlighted the company's progress during the quarter.
According to S&P Global Commodity Insights, Manglani outlined strategic opportunities for growth, emphasizing the pivotal roles of Micro, Small and Medium Enterprises (MSMEs) and LNG for transport and mining (LTM) in driving future demand.
''I am glad that the Council proceeded to swiftly adopting this regulation. Gas savings are crucial for the EU to reach its gas storage goals and be prepared ahead of next winter,'' said Ebba Busch, Swedish Minister for energy, business and industry.
Demand for natural gas from price-sensitive industrial and power sectors may be limited in times of rising prices, as they switch to cheaper alternate fuels, Fitch Ratings said in a report on Tuesday.
Singapore, June 25 (ANI): Fitch Ratings has affirmed GAIL India Ltd's long-term foreign-currency issuer default rating at BBB-minus with a negative outlook.