Page 35 - Policy Economic Report - July 2025

POLICY AND ECONOMIC REPORT
OIL & GAS MARKET

Figure 18: Domestic natural gas price July’24–25 ($/mmbtu)

14.00

12.00 8.24 8.51 7.85 7.48 7.53 7.29 7.30 7.94 7.80 7.26 6.93 10.04 6.89
9.87 9.87 9.87 10.16 10.16 10.16 10.16 10.16 10.16 10.04 10.04 10.04
10.00

8.00 6.41

6.00

4.00

2.00

0.00
Jul-24 Aug-24 Sep-24 Oct-24 Nov-24 Dec-24 Jan-25 Feb-25 Mar-25 Apr-25 May-25 Jun-25 Jul-25

Domestic gas price Gas price ceiling (for difficult areas)

Source- PPAC

Indian Gas Market

• Gross production of natural gas for the month of June 2025 (P) was 2900 MMSCM which was
lower by 3.1% compared with the corresponding month of the previous year.

• Total Import of LNG (Provisional) during the month of June 2025 (P) was 2946 MMSCM (lower by
14.9% over the corresponding month of the previous year).

• Natural Gas available for Sale during June 2025 (P) was 5382 MMSCM (P) (increase of 10.5% over
the corresponding month of the previous year).

• Total Gas Consumption Availability during June 2025 (P) was 5805 MMSCM (Provisional). Major
consumers were Fertilizer (29%), City Gas Distribution (CGD) (23%), Power (13%), Refinery (7%)
and Petrochemicals (7%).

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