VOL. XLVII

No 15

12-April-2004

SUPPLY/DEMAND

Indias Gas Demand Dependent On Prices, Says FACTS

Indias future gas demand is impossible to forecast, according to FACTS Inc of Honolulu. In the report India: Gas Business Comes Of Age, published in March, FACTS President Fereidun Fesharaki and analyst Hassaan Vahidy observe: Gas demand has grown substantially, but it is still a small part of the energy system. Natural gas accounts for less than 5% of the total primary energy consumption of India....