The International Energy Agency (IEA) advises its 28 member countries on sound energy policy, which seeks to balance energy security, economic growth and environmental concerns. The IEA Energy Papers offer in-depth investigation of energy topics, and explore emerging issues and challenges in the energy sector. These papers will be of much interest to energy experts, policy makers, industry and the general public.
The Indian gas market is expected to be one of the fastest growing in the world over the next two decades. This paper analyses this market, highlighting the current challenges. It first looks at the industry structure, presents the main players from industry as well as government, and gives an overview of the regulatory framework. The issue of pricing remaining crucial for both upstream and downstream development, the paper looks at both supply - domestic production and LNG imports - and demand.