January 2017

Trends and Resources

Business Trends: India’s natural gas demand—a welcome sign for LNG exporters

India is emerging as the world’s new oil demand center. Complementing its thirst for crude oil, the country has the potential to become a hotbed for natural gas consumption over the next few years.

Nichols, Lee, Hydrocarbon Processing Staff

India is emerging as the world’s new oil demand center. Complementing its thirst for crude oil, the country has the potential to become a hotbed for natural gas consumption over the next few years. India’s forecast natural gas demand has given rise to a surge in billions of dollars of announced investments in the construction of new natural gas infrastructure. From massive capital investments in exploration and production activities, to the construction of additional natural gas pipelines and LNG import capacity, India’s natural gas sector must build to meet burgeoning demand. India aims to use FSRU vessels, such as the Höegh Gallant, to import LNG. The Höe

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