After witnessing a decline till 2016-17 due to less than expected output from the Krishna Godavari (KG) basin and ageing wells, the country's natural gas production has bounced back, registering five per cent growth in April-August of FY17.
Natural gas output is expected to expand in the coming years. It is expected to touch a level of 36 billion cubic metres (bcm) by 2020, according to a report by Care Ratings.
The country plans to increase its gas usage in the energy mix to 15 per cent from the current 6.5 per cent. The global average for gas use in