High prices squeeze gas demand by 6% in 2022: IEA

Anurag Sharma
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India's gas consumption is estimated to have declined 6% in 2022 as record prices in the aftermath of the Russia-Ukraine conflict squeezed demand, the International Energy Agency (IEA) said on Monday.

NEW DELHI: India's gas utilization is assessed to have declined 6% in 2022 as record costs in the repercussions of the Russia-Ukraine struggle crushed request, the Global Energy Organization ( IEA ) said on Monday.Lower gas request joined with a 3% ascent in homegrown gas creation saw LNG (condensed petroleum gas) imports drop 17%, denoting the steepest fall on record and the main downfall…

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