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Natural gas & LNG

Asia Pacific July 2019

Regional analysis & forecasts
Economic overview

India’s economy is forecast to see rising levels of growth this year and next.

India’s GDP growth is forecast to rise to 7.2% this year, up from 7% last year. The country’s economic expansion is forecast to be even higher next year, at 7.4%. This will support growth in India’s gas market this year and next. However, the trend for rising economic growth in India stands in contrast to forecasts for other major Asian gas markets.

China’s GDP growth is forecast to ease from 6.6% last year...