The “Natural Gas
Market to 2025 by End-User Verticals (Power, Fertilizer, City Gas Distribution
(CGD), Industrial and Others) – India Analysis and Forecast” study involves
understanding India natural gas market in 2015 and its forecast to 2025 along
with its market trend during this period. The report also focus on the factors
responsible for this growth of India natural gas market, and also spots the
significant gas players in the market and their key developments.
Natural Gas and LNG Market to 2025 – India Analysis and Forecast by end-user,
Natural Gas market is expected to grow US$ 30.7 billion by 2025 from US$ 19.7
billion in 2015. Natural gas in India is considered to be the bridging fuel of
the nation’s energy mix, and constitutes almost 7% of the total mix. Power
generation and fertilizer sectors are the two major consumers of natural gas in
India, and highly influence the Indian natural gas market. In last few years,
developmental initiatives such as the manufacturing reform “Make in India”, and
connected cities “100 Smart Cities Mission”, along with many other projects
have also increased country’s propensity for more energy sources.
Some of the remarkable partnership and collaboration in this industry are
collaboration of ONGC Videsh have jointly signed definitive agreements with
Rosneft, the national oil company of Russia for acquiring additional 11% shares
in JSC Vankorneft, a company organized under the law of Russian Federation
which is the owner of Vankor Field and North Vankor license. Also, Gujarat Gas
Ltd (GGL) and Sabarmati Gas Ltd have signed agreement to develop City Gas
Distribution (CGD) network in Amreli and Patan districts respectively in an
area covering a geographical area of 909.09 sq. kms.
The India Natural Gas market is segmented into five major end-user segment;
power, fertilizer, industrial, city gas distribution, and others. The report profiles key players such Petronet
LNG limited, Royal Dutch Shell PLC, Chevron Corporation, Total S.A., GAIL,
Hindustan Petroleum Corporation Ltd., Mahanagar Gas Pvt. Ltd., Oil and Natural
Gas Corporation Ltd., Gujarat Gas Ltd. and Indraprastha Gas Limited are among
others.
The report segments the India Natural Gas market as follows:
India Natural Gas Market – By End-user Verticals
Power
Fertilizer
City Gas Distribution (CGD)
Industrial
Others