"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. 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"
I also read in to-days ET that India has abundant frozen hydrates in its ocean beds - a source of Natural Gas. This would put India with excess natural gas and hence India would also export the same to Iran.
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