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This Article is From Mar 19, 2021

Natural Gas Demand - A Well Balanced Future: Motilal Oswal  

 Natural Gas Demand - A Well Balanced Future: Motilal Oswal  
A compressed natural gas pressure gauge is seen on a fuel bowser an Indraprastha Gas Ltd. gas station in New Delhi. (Photographer: Prashanth Vishwanathan/Bloomberg)

BQ Blue's special research section collates quality and in-depth equity and economy research reports from across India's top brokerages, asset managers and research agencies. These reports offer BloombergQuint's subscribers an opportunity to expand their understanding of companies, sectors and the economy.

Motilal Oswal Report

India's gas market is in a sweet spot with the completion of new trunk pipelines and the increased availability of both domestic and imported gas.

The availability of supply has, however, raised investor concerns over the demand-supply balance in the country.

Our demand-supply model forecasts gas demand in India at approximately 220 million metric standard cubic meter per day by FY27E – implying a compound annual growth rate of ~6% over the next six years, in line with the country's long-term CAGR.

This ~6% CAGR is without considering any uptick in power sector demand – which, with just a 10% improvement in plant load factor, could raise the CAGR to ~8%.

Click on the attachment to read the full report:

DISCLAIMER

This report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BloombergQuint.

Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

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