Natural gas share may rise to 15% on policy thrust

With supply from USA and Australia expected to hit the market over the next 5 years, LNG prices are likely to remain subdued over the medium term, a Crisil report said

6% – current natural gas share in energy mix

55 mmscmd – demand for natural gas estimated to rise between FY20 and FY24

30 mmscmd – likely rise in domestic gas production in next four years

46% – of total gas consumption accounts for LNG