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Motilal Oswal Report
Both India and China have been in the same boat, facing poor availability of domestic natural gas.
However, the syzygy of:
strong policies for reducing pollution,
rise in pipeline infrastructure, and
availability of natural gas has resulted in China’s natural gas consumption rocketing (at 20% compound annual growth rate) since the start of the 21st century.
With:
the National Green Tribunal focusing on reducing pollution,
90% rise in the length of trunk pipelines over the next few years, as well as,
increased availability of liquefied natural gas operable capacity (57%) and availability of domestic gas (~30%), we expect the alignments of the stars – the syzygy – to bode well for India’s gas sector.
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