DUBLIN, August 31, 2016 /PRNewswire/ --
Research and Markets has announced the addition of the "India LNG Market Forecast & Opportunities, 2025" report to their offering.
Increasing focus on expansion of gas pipeline infrastructure, rising demand for natural gas from power and industrial sectors coupled with favorable government policies is making LNG a commercially viable fuel for an increasing number of end users industries in India. As a result, LNG demand is forecast to witness robust growth over the next 5-10 years.
Power sector is the largest natural gas consumer in India, and the sector is expected to continue its dominance with the implementation of new policy initiative i.e. e-bid RLNG, which would support the supply of imported RLNG to stranded gas based power plants. As of 30th November 2015, India's pipeline infrastructure stood at 16,065 km and an additional 11,302 km of pipelines are under construction/execution. With growing pipeline infrastructure and favorable government initiatives, the country's LNG market is expected to witness bright days ahead.
Government has also announced revised guidelines in Gas Allocation Policy to prioritize natural gas supply to various end-user segments that include City Gas Distribution for households and transport sector, fertilizers sectors (urea plant), power plants and industrial sector. In addition, emergence of SSLNG market is opening up new opportunities for the industry. Other policies like E-bid RLNG are also expected to play a crucial role for supplying imported RLNG to power plants and fertilizer industry over the course of next ten years.
India LNG Market Forecast and Opportunities, 2025 discusses:
- India Natural Gas Demand & Supply Analysis
- India LNG Demand Outlook
- Existing, Under-Construction and Proposed LNG Terminal Overview in India
- Policy and Regulatory Landscape
- Pricing Analysis
- Strategic Recommendations
Companies Mentioned
- Chhara LNG Terminal
- Dhamara LNG Terminal
- Dighi LNG Terminal
- Haldia (Spice) LNG Terminal
- Haldia LNG Terminal
- Jafarabad LNG Terminal
- Jamnagar LNG Terminal
- Kakinada (Reliance) LNG Terminal
- Mangalore (Refinery) LNG Terminal
- Mangalore LNG Terminal
- Nana Layja LNG Terminal
- Pipavav LNG Terminal
For more information about this report visit http://www.researchandmarkets.com/research/w8pmbm/india_lng_market
Related Topics: LNG (Liquefied Natural Gas)
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SOURCE Research and Markets
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