Golden decades for for India & China- Part I

Natural Gas

If the coming decades belong to China and India, then we are going to witness the changing lifestyle of the average Chinese and Indian. In particular, he will be consuming more energy. The primary sources of energy remain hydrocarbons – coal, crude oil and natural gas. Of these, natural gas is the most environment friendly. Little wonder then, the growth rate in demand is going to be the highest for natural gas, from all across Asia and especially from China and India.

So, natural gas producers and transporters are going to create a lot of wealth for themselves and their shareholders. In short, that's the message of yesterday's edition of 'Daily Wealth'. We agree. In fact, we have long been positive about the natural gas segment here in India. The demand is evident in the off take numbers. But the supply side might also surprise us. In fact, we believe India also has enormous potential in terms of new discoveries.