RNCOS: Indian Natural Gas Sector Analysis on reports-research.com

According to the RNCOS report Indian Natural Gas Sector Analysis, India has set a target of producing 42.28 Billion Cubic Meter natural gas for FY 2009 of which only 32.8 Billion Cubic Meter have been produced. This huge shortfall is transformed in around 8 Million Metric Tons of LNG imports at comparatively higher international prices. The Indian government has further widened demand-supply gap by setting low prices which put immense subsidy pressure on domestic oil and marketing companies.

Natural gas is fast gaining its appropriate place in India’s huge energy basket that incorporates both renewable and non-renewable energy sources to meet soaring domestic energy demand. Thanks to inherent environment friendly nature, cost effectiveness and greater efficiency, natural gas is proving its utility in energy as well as non-energy sectors.

Despite intense pressure on oil and marketing companies, RNCOS has found that Liquefied Petroleum Gas (LPG), Compressed Natural Gas (CNG) are positioning themselves as a future fuel option both for industrial and non-industrial sectors in the domestic market. The number of LPG customers is expected to grow at a CAGR of around 9% to touch 150 Million mark by FY 2013. This will result in a sharp growth of LPG demand, exerting more pressure on its domestic production and imports.

CNG is also rapidly gaining recognition as cost effective and pollution free green fuel vehicle. In fact, with close to 0.6 Million vehicles, India stood second in terms of number of CNG vehicles in the Asia Pacific region behind only Pakistan. The number of CNG vehicles is expected to grow at a CAGR of 16% during FY 2010–FY 2013 on account of favorable government policies.

The report Indian Natural Gas Sector Analysis contains extensive information, rational analysis, quantitative data, comparable figures and well-structured tables on the natural gas market in India. The report gives a deep insight into different segments of natural gas such as LNG, LPG, and CNG, with focus on their performance. It also facilitates deep understanding on fast emerging segments, such as Gas Hydrates, Coal Bed Methane, and Underground Coal Gasification, to update clients about new developments taking place in the field of natural gas exploration. Analysis and statistics regarding market size, growth, segmentation and trends in technology developments have been comprehensively covered in the report to provide cutting edge market intelligence on the market considering the impact of global economic crisis on the industry.

RNCOS: Indian Natural Gas Sector Analysis:
http://www.reports-research.com/studien/indian-natural-sector-analysis-p-65955.html

RNCOS: More market data and market reports:
http://www.reports-research.com/studien/rncos-e-services-pvt.-ltd.-m-318.html

markt-studie.de, founded in 2002 has emerged as a leading online portal for market surveys and market research in German speaking areas. Four years later the English language portal reports-research.com was introduced due to the extraordinary success of the portal. Again one year later estudio-mercado.es - the Spanish spoken portal - was founded. The objective of the three portals is to competently and efficiently support consultants and decision makers in management, sales and marketing in the search for worldwide market research. Prospective buyers can look into more than 60,000 market surveys from more than 200 international publishers, current market data for more than 6,000 branches worldwide, 10,000 company profiles as well as a free-of-charge research and recommendation service for individual market research.

reports-research.com
c/o dynamic technologies GmbH
Siegburger Str. 233
50679 Köln
Germany

Manuel Bravo Sanchez (CEO)

info@reports-research.com
or
Tel ++49 (0)221 677 897 32
Fax ++49 (0)221 677 897 34

This release was published on openPR.