Investor Presentaiton
Natural Gas Consumption - Outlook
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Indian GDP is estimated to reach ~USD 7 Trillion by 2030
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Govt. of India targets to take natural gas to 15% of the PE mix
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Natural gas has potential
to grow at CAGR of ~25%
India's current policies focus on fuel switching through promotion of Natural Gas
• Implementation of Unified Tariff will expand India's gas penetration, especially in East India, which is
far from gas sources - as pipeline transportation costs reduced significantly
India recently linked Domestic Natural Gas pricing with crude oil prices
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Significant decrease in prices of PNG for households and CNG for transport
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Such reforms will help expand the consumption of natural gas and contribute to achievement of
target of emission reduction and net zero
Increased availability of domestic gas including HPHT has aided in import reduction
India's Import Dependency in Natural Gas has decreased to 44.2% in FY 2022-23 as compared to 48.4% in
FY 2021-22
Source: UNFCCC | LTLEDS_India Nov 2022, PIB release dated 06.04.2023View entire presentation