インドのLNG市場の評価：インフラ (LNG液化プラント・LNG再ガス化施設・LNG船)・エンドユーザー (発電・産業・住宅&商業・その他)・地域別の機会および予測 (2018-2032年)

インドのLNGの市場規模は、2024年の158億6,000万米ドルから、予測期間中はCAGR 6.58％で推移し、2032年には264億1,000万米ドルの規模に成長すると予測されています。

インドでのLNGのニーズは、工業の発展や継続的な人口増加など、いくつかの要因に起因します。天然ガスは、従来の燃料に代わるものと考えられており、カーボンフットプリントを最小限に抑えるために不可欠です。さらに、Energy Economics & Financial Analysisによると、インドは2030年までに500 MMSCMD（1日あたり百万標準立方フィート）を目標に天然ガスの割合の急増を計画しています。これは、2023～2024年度のインドの天然ガス消費量の185 MMscfdの現状から、短期間で170％以上の大幅な伸びを必要とします。

インド国内での生産では需要を満たすことができないため、インドはLNGの輸入に大きく依存しています。そのため、激動する世界市場においてエネルギー安全保障と価格安定を保証するため、外国と長期契約を結んでいます。

当レポートでは、インドのLNGの市場を調査し、市場の定義と概要、市場規模の推移・予測、各種区分・地域別の詳細分析、産業構造、市場成長への影響因子の分析、ケーススタディ、競合情勢、主要企業のプロファイルなどをまとめています。

目次

第1章 プロジェクトの範囲と定義

第2章 調査手法

第3章 エグゼクティブサマリー

第4章 顧客の声

• 製品と市場のインテリジェンス
• 購入決定時に検討される要素
• サプライチェーンマネジメント
• 需給メカニズム
• 購入チャネル

第5章 インドのLNG市場の展望

• 市場規模の分析・予測
• 市場シェア分析・予測
  • インフラ別
  • エンドユーザー別
  • 地域別
  • 企業シェア分析
• マーケットマップ分析

第6章 需給分析

第7章 輸出入の分析

第8章 バリューチェーン分析

第9章 ポーターのファイブフォース分析

第10章 PESTLE分析

第11章 価格分析

第12章 市場力学

• 市場促進要因
• 市場の課題

第13章 市場の動向と発展

第14章 ケーススタディ

第15章 競合情勢

• 市場リーダー上位5社の競合マトリックス
• 上位5社のSWOT分析
• 主要企業上位10社の情勢
  • GAIL (India) Limited
  • Petronet LNG Limited
  • Oil India Limited
  • Adani Total Gas Ltd. (ATGL)
  • Oil and Natural Gas Corporation (ONGC)
  • Indian Oil Corporation Ltd. (IOCL)
  • Bharat Petroleum Corporation Ltd. (BPCL)
  • Shell Energy India Private Ltd.
  • GSPC LNG Limited
  • Essar Ports Limited

第16章 戦略的提言

第17章 当社について・免責事項

List of Tables

• Table 1. Pricing Analysis of Products from Key Players
• Table 2. Competition Matrix of Top 5 Market Leaders
• Table 3. Mergers & Acquisitions/ Joint Ventures (If Applicable)
• Table 4. About Us - Regions and Countries Where We Have Executed Client Projects

List of Figures

• Figure 1. India LNG Market, By Value, In USD Billion, FY2018-FY2032F
• Figure 2. India LNG Market, By Volume, In Million Tons, FY2018-FY2032F
• Figure 3. India LNG Market Share (%), By Infrastructure, FY2018-FY2032F
• Figure 4. India LNG Market Share (%), By End-use, FY2018-FY2032F
• Figure 5. India LNG Market Share (%), By Region, FY2018-FY2032F
• Figure 6. By Infrastructure Map-Market Size (USD Billion) & Growth Rate (%), FY2024
• Figure 7. By End-use Map-Market Size (USD Billion) & Growth Rate (%), FY2024
• Figure 8. By Region Map-Market Size (USD Billion) & Growth Rate (%), FY2024

India LNG market is expected to observe a CAGR of 6.58% during the forecast period FY2025- FY2032, rising from USD 15.86 billion in FY2024 to USD 26.41 billion in FY2032. The necessity for LNG in India expedited for several reasons, including industrial growth and a continuous population increase. Natural gas is regarded as an alternative to traditional fuels, which is essential to minimizing carbon footprint. Additionally, as per the Institute for Energy Economics & Financial Analysis, India is planning for a surge in the natural gas proportion with a goal of 500 million metric standard cubic meters/day (MMSCMD) by 2030. This requires a huge growth of more than 170% in a short period of time from India's current natural gas consumption status of 185 MMSCMD in FY2023-FY2024.

With local production failing to fulfill the demand, India relies significantly on LNG imports, thereby making long-term contracts with foreign nations to assure energy security and price stability in turbulent global markets, which in turn is expected to aid India's growth in the LNG market over the forecast years.

Rise in Need for Environment-friendly Fuel is Significantly Boosting the Market Growth

The need for environmentally friendly fuel is pushing the demand for LNG in India. With the authorities aiming to raise the level of LNG by 2030, it is positioned as an essential alternative to standard fuels. It may replace diesel and petrol in transportation, thereby decreasing reliance on imported crude oil. Infrastructure development, blended with economical pricing, is vital for more LNG adoption as it promotes India's shift to an environmentally friendly fuel-based economy.

For instance, in May 2024, Shell Energy India Pvt Ltd. announced plans to expand its business by supplying LNG as a transportation fuel and cooperating with other companies for the development of LNG infrastructure. Shell opened a truck loading facility at its Hazira LNG terminal, which will allow Shell to provide green energy to more off-grid customers. In addition, increasing fuel options for heavy-duty fleets will, in turn, help Shell play its part in reducing toxic emissions and transitioning to a gas-powered economy.

LNG Consumption in the Fertilizer Sector is Accelerating the Market Growth

The increasing demand for LNG in India's fertilizer sector has contributed significantly to the growth of the LNG market. Moreover, the use of LNG will increase as the fertilizers sector develops to meet the needs of India's growing population. The development is in line with the government's objective of self-reliance in fertilizer production, which will increase the use of LNG in the near future.

In July 2024, total natural gas consumption in India stood at 6,120 cubic millimeters (mm3). According to the information from the Petroleum Planning Analysis Cell, the fertilizer industry is the largest user, accounting for 29% of total consumption, followed by City Gas Distribution (CGD) at 21%, energy at 12%, refineries at 9%, and petrochemicals at 5%.

Increase in Number of LNG Regasification Plants is Expediting Market Growth

LNG consumption in India is being strengthened by the increasing number of regasification plants. With the emergence of new facilities, the country's ability to import and process LNG will increase, resulting in increased energy demand in energy, fertilizers, and other industries.

For instance, in March 2022, Western Concessions Pvt Ltd, a wholly owned subsidiary of H-Energy (formerly H-Energy Gateway Pvt Ltd), constructed India's first Floating Storage and Re-Gasification Unit (FSRU)-based LNG storage terminal in India at Jaigarh Port in Ratnagiri District, Maharashtra.

The project was implemented in two phases, consisting of an FSRU, which has a production capacity of 6.0 million metric tonnes per annum (MMTPA) and had already been produced and tested, and an onshore LNG terminal with a final capacity of 8.0 MMTPA.

After the completion and stabilization of the first phase, the second phase was implemented. Moreover, the LNG terminal at Jaigarh is connected to the national gas grid at Dabhol, which passes through a 56 km-long natural gas pipeline. The project aligned perfectly with the government's intention to increase the share of natural gas in the country's energy mix, thereby supporting India's goal of establishing energy security.

Government Initiatives are Amplifying Market Prosperity

The Indian government is actively promoting the use of LNG by supporting various projects. The aim is to increase the share of LNG in the energy mix by 2030. With the use of LNG in the country's energy mix, it has seen huge improvements in energy security, a reduction in greenhouse gas emissions, and the transition to a gas-based economy.

For instance, in December 2023, the Indian government announced that it is expanding its LNG ambitions by commissioning a long-range liquid gas pipeline, Indian Oil Corporation (IOC)'s Ennore-Tuticorin pipeline. It will improve gasification capacity and aid in the expansion of LNG infrastructure. At the same time, it abides by the government's ambition to increase the share of natural gas within the energy mix to ensure energy security by supporting cleaner energy and preparing for a greener future.

Western India to Lead the Market Significantly

The LNG market is dominated by western India due to better pipeline connectivity and infrastructure. In Gujarat and Maharashtra, the consumption levels are highest, supported by the Indian government's development of a national gas pipeline grid.

Currently, there is a handful of LNG-receiving terminals that are operational to meet the country's increasing energy demand, such as Dahej, Hazira, Mundra in Gujarat, Dhabol in Maharashtra, etc. Since India aims to increase the share of natural gas, the focus on expanding infrastructure for LNG in the region is expected to support and boost LNG consumption.

The natural gas markets remain largely confined to the states closer to pipeline infrastructure. Hence, Western India enjoys several connectivity advantages and will continue to do so over the forecast years.

Future Market Scenario (FY2025 - FY2032)

India's LNG imports are expected to double by 2030, reaching over 40 million metric tons per year, due to the continuous rise in demand from the electricity, manufacturing, and transportation sectors. It, in turn, is expected to cater to extensive opportunities for market expedition over the forecast years.

The growing demand for LNG from different sectors contributes to its growth, like authorization of City Gas Distribution (CGD) structure development allocated by the Petroleum and Natural Gas Regulatory Board (PNGRB), which, in turn, is anticipated to result in ample opportunities for market growth in the future.

Moreover, substantial investments in research and development by the Indian government to develop highly advanced LNG technologies are expected to lead to ample growth for the market in the forecast years.

Key Players Landscape and Outlook

LNG market players in India are competing among themselves to gain a significant edge in the market. Moreover, India aims to reduce its dependence on fossil fuels by constructing LNG terminals, such as Hazira LNG Terminal, Dhamra LNG Terminal, Kochi LNG Terminal, etc., thereby contributing to sustainable development.

The Indian government, for instance, aims to raise the share of natural gas in the country's energy balance as a part of its effort to decrease dependence on fossil fuels. Other new LNG terminals are under construction and are expected to add to India's LNG import capacity.

The Indian government is developing small-scale LNG units to help ensure cleaner energy access in those areas without pipeline infrastructure, thus encouraging the utilization of LNG in many sectors and meaningfully contributing toward the country's energy transition.

In August 2024, GAIL (India) Limited announced that it would begin importing liquefied natural gas in two new contracts that will start in 2026. The company has signed deals to import 1 million tons of LNG annually from Dutch trader Vitol and 0.5 million tons a year from UAE's Abu Dhabi National Oil Company (ADNOC) Gas for a ten-year period. To import this LNG, GAIL has added a new cryogenic ship to its list. It is aimed at promoting energy security and maintaining a sustainable environment.

Table of Contents

1. Project Scope and Definitions

2. Research Methodology

3. Executive Summary

4. Voice of Customer

• 4.1. Product and Market Intelligence
• 4.2. Factors Considered in Purchase Decisions
  • 4.2.1. Calorific Value
  • 4.2.2. Contract Terms
  • 4.2.3. Lead Time
  • 4.2.4. Order Quantity
  • 4.2.5. Safety Measures
  • 4.2.6. Infrastructure Capability
• 4.3. Supply Chain Management
• 4.4. Demand and Supply Mechanism
• 4.5. Channel of Purchase

5. India LNG Market Outlook, FY2018-FY2032F

• 5.1. Market Size Analysis & Forecast
  • 5.1.1. By Value
  • 5.1.2. By Volume
• 5.2. Market Share Analysis & Forecast
  • 5.2.1. By Infrastructure
    • 5.2.1.1. LNG Liquefaction Plants
    • 5.2.1.2. LNG Regasification Facilities
    • 5.2.1.3. LNG Shipping
  • 5.2.2. By End-use
    • 5.2.2.1. Power Generation
    • 5.2.2.2. Industrial
    • 5.2.2.3. Residential and Commercial
    • 5.2.2.4. Others
  • 5.2.3. By Region
    • 5.2.3.1. North
    • 5.2.3.2. South
    • 5.2.3.3. East
    • 5.2.3.4. West and Central
  • 5.2.4. By Company Market Share Analysis (Top 5 Companies and Others - By Value, FY2024)
• 5.3. Market Map Analysis, FY2024
  • 5.3.1. By Infrastructure
  • 5.3.2. By End-use
  • 5.3.3. By Region

6. Demand Supply Analysis

7. Import and Export Analysis

8. Value Chain Analysis

9. Porter's Five Forces Analysis

10. PESTLE Analysis

11. Pricing Analysis

12. Market Dynamics

• 12.1. Market Drivers
• 12.2. Market Challenges

13. Market Trends and Developments

14. Case Studies

15. Competitive Landscape

• 15.1. Competition Matrix of Top 5 Market Leaders
• 15.2. SWOT Analysis for Top 5 Players
• 15.3. Key Players Landscape for Top 10 Market Players
  • 15.3.1. GAIL (India) Limited
    • 15.3.1.1. Company Details
    • 15.3.1.2. Key Management Personnel
    • 15.3.1.3. Products and Services
    • 15.3.1.4. Financials (As Reported)
    • 15.3.1.5. Key Market Focus and Geographical Presence
    • 15.3.1.6. Recent Developments/Collaborations/Partnerships/Mergers and Acquisition
  • 15.3.2. Petronet LNG Limited
  • 15.3.3. Oil India Limited
  • 15.3.4. Adani Total Gas Ltd. (ATGL)
  • 15.3.5. Oil and Natural Gas Corporation (ONGC)
  • 15.3.6. Indian Oil Corporation Ltd. (IOCL)
  • 15.3.7. Bharat Petroleum Corporation Ltd. (BPCL)
  • 15.3.8. Shell Energy India Private Ltd.
  • 15.3.9. GSPC LNG Limited
  • 15.3.10. Essar Ports Limited

Companies mentioned above DO NOT hold any order as per market share and may be changed as per information available during research work.

16. Strategic Recommendations

17. About Us and Disclaimer