India's gas demand returns to pre-disruption levels, but global LNG competition rises: Equirus
New Delhi, Aug. 8 -- India's natural gas consumption recovered to near pre-disruption levels in June 2026, with broad-based demand growth across key sectors, even as rising global LNG competition and elevated spot prices could pose risks to the outlook, according to a research report by Equirus.
India's gas consumption increased 7 per cent month-on-month and 2 per cent year-on-year to 197 million metric standard cubic metres per day (mmscmd) in June. Excluding power demand, consumption rose 7 per cent month-on-month and 4 per cent year-on-year to 176 mmscmd, indicating a broadening recovery.
The increase was entirely driven by imported gas, with LNG consumption rising 13 per cent month-on-month and 10 per cent year-on-year to 110 mmscmd...
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