{"id":424561,"date":"2021-07-06T11:41:20","date_gmt":"2021-07-06T06:11:20","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=424561"},"modified":"2021-07-06T11:41:20","modified_gmt":"2021-07-06T06:11:20","slug":"india-to-be-second-largest-driver-of-gas-demand-in-asia-pegs-iea","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/india-to-be-second-largest-driver-of-gas-demand-in-asia-pegs-iea\/","title":{"rendered":"India to be second largest driver of gas demand in Asia, pegs IEA"},"content":{"rendered":"<p>India\u2019s annual gas consumption is expected to increase by 25 billion cubic metres (bcm) in the 2020-2024 period which translates into a 9% annual average growth rate, the International Energy Agency (IEA) said in its latest report. India has plans to increase the share of gas in its energy basket to 15% by 2030 from the current level of 6%, and IEA noted that \u201cIndia is set to emerge as the second-largest driver of gas demand in Asia (after China) and the fifth-largest contributor globally (after China, Iran, Russia and the United States)\u201d.<\/p>\n<p>Indigenous natural gas production caters to about only 51% of the country\u2019s requirements and domestic output increased 19.1% on year to 2,740 million standard cubic metre (mscm) in May.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>India\u2019s annual gas consumption is expected to increase by 25 billion cubic metres (bcm) in the 2020-2024 period which translates into a 9% annual average growth rate, the International Energy Agency (IEA) said in its latest report. India has plans to increase the share of gas in its energy basket to 15% by 2030 from the current level of 6%, and IEA noted that \u201cIndia is set to emerge as the second-largest driver of gas demand in Asia (after China) and the fifth-largest contributor globally (after China, Iran, Russia and the United States)\u201d. Indigenous natural gas production caters to about [&hellip;]<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,195,138],"tags":[],"class_list":["post-424561","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-oil-gas-the-financial-express","category-the-financial-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/424561","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=424561"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/424561\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=424561"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=424561"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=424561"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}