Page 44 - Policy Economic Report_Feb'25

POLICY AND ECONOMIC REPORT
OIL & GAS MARKET

Indian Gas Market

• Gross production of natural gas for the month of January 2025 (P) was 3066 MMSCM which was
lower by 2.3% compared with the corresponding month of the previous year.

• Total import of LNG (provisional) during the month of January 2025 was 3047 MMSCM (P)
(increase of 7.6% over the corresponding month of the previous year).

• Natural gas available for sale during January 2025 was 5602 MMSCM (increase of 3.7% over the
corresponding month of the previous year).

• Total consumption during January 2025 was 5834 MMSCM (provisional). Major consumers were
fertilizer (30%), City Gas Distribution (CGD) (23%), Power (10%), Refinery (8%) and Petrochemicals
(6%).

Monthly Report on Natural gas production, imports, and consumption – January 2025
1. Domestic Natural Gas Gross Production:

Domestic natural gas gross production for the month of January 2025 was 3066 MMSCM (decrease of
2.3% over the corresponding month of the previous year).

Figure 16: Domestic natural gas Gross production (Qty in MMSCM)

Source- PPAC Page | 43

February 2025