India's natural gas consumption has rebounded to near pre-disruption levels, marking a significant recovery in the world's third-largest energy market.
According to an assessment by Equirus, demand growth was broad-based across key sectors in June 2026, signaling that the structural shift toward cleaner fuels is accelerating despite headwinds from global supply dynamics.
The recovery comes as India faces intensifying competition for liquefied natural gas (LNG) cargoes on the global market.
Rising spot prices and increased bidding from other major importers are creating a more challenging sourcing environment for Indian buyers.
This competitive pressure underscores the vulnerability of the country's energy security strategy, which relies heavily on flexible spot-market purchases rather than long-term contracted supply.
This development aligns with broader trends identified by the International Gas Union (IGU), which recently highlighted structural bottlenecks in India's trajectory as a global natural gas hub.