India’s Natural Gas Demand Can Double By 2030: PNGRB
India’s natural gas demand is increasing and can nearly double by 2030 if growth factors remain strong, said Petroleum and Natural Gas Regulatory Board (PNGRB) chairman Anil Kumar Jain on Wednesday. The city gas distribution (CGD) network is expected to be the primary growth driver, he said at the 2nd PNGRB national conclave on natural gas and petroleum products infrastructure held in Gandhinagar. “The current natural gas consumption in India is around 190 million metric standard cubic meters per day (MMSCMD), and we expect a significant rise in city gas distribution by 2030. As per the growth estimates, natural gas consumption will rise to 297 MMSCMD under a scenario based on the existing global and domestic situations and policies. If the situation is conducive, the demand can grow to 365 MMSCMD by 2030,” he said. Jain said PNGRB is committed to setting up 17,000 CNG stations and 120 million domestic pipeline connections across the country by 2030. PNGRB is a statutory body mandated to regulate the refining, processing, storage, transportation, distribution, marketing, and sale of petroleum, petroleum products, and natural gas.