Forecast: Import of Liquefied Natural Gas to India

In 2023, India's import of Liquefied Natural Gas (LNG) stood as the baseline for understanding future trends. Forecast data suggests a steady increase in LNG imports from 2024 to 2028, with the value projected to grow from $12.712 billion in 2024 to $14.654 billion in 2028. The year-on-year growth rates demonstrate consistent annual increases.

Future trends to watch for include:

  • Potential policy changes aimed at increasing renewable energy sources, potentially affecting LNG demand.
  • Global LNG pricing shifts due to geopolitical situations or changes in supply and demand dynamics.
  • Technological advancements that could impact LNG infrastructure and import capabilities in India.

Top Countries about Liquefied Natural Gas