Gas Prices 2024 Vs 2024 India. In the steps, india’s gas supply (production plus trade) in 2030 is only slightly below the levels projected in weo 2019, but oil supply is down by. In 2024, global gas demand is forecast to grow by 2.5%, or 100 billion cubic metres (bcm).

But the government must take into consideration whether they have the fiscal space to absorb a cut in fuel tax. The natural gas price increase was largely in line with fitch’s expectations, driven by the rise in global prices in 2021.