The forecasted series indicates a continuous decline in direct transfer on natural gas in India for all beneficiaries or sectors from 2024 through 2028. Starting from 70.99 million USD in 2024, the value decreases steadily to 58.41 million USD by 2028. This represents an average year-on-year decline of approximately 5% with a compound annual growth rate (CAGR) showing a consistent downward trend.
Given this trajectory, several future trends warrant attention:
- An ongoing governmental emphasis on renewable energy could reduce reliance on natural gas.
- Fluctuations in global energy prices may impact the rate of decline.
- Legislative changes or incentives toward sustainable energy could further lessen natural gas consumption.