The forecasted total support for natural gas in fossil fuel production in India exhibits a gradual increase from 2024 to 2028, starting at $5.64 million and reaching $5.79 million. This steady incline indicates a continuous investment in natural gas. However, the specific data for 2023 is not provided, making it challenging to precisely gauge year-on-year variations or establish a five-year CAGR. Overall, the trend underlines a modest growth trajectory.
Future trends to watch for:
- Impact of green energy policies on natural gas investments.
- Potential fluctuations in global gas prices affecting local support.
- Technological advancements in natural gas extraction and utilization.
