Insight

India energy: 2016 in review and outlook for 2017

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Report summary

India's energy demand increased by 3.7% year on year in 2016 but imports increased by 5.7% led by LNG LPG and gasoline. While coal production increased in the past two years domestic production of oil and gas either stagnated or declined. In 2016 the government mentioned an ambitious target of a 10% reduction in India's oil import dependency by 2022. In this insight we ask our Commodity Analytics team on how the various energy sectors have performed in 2016 and comment on what lies ahead in 2017. Will India be able to accelerate policy reforms that provide market driven pricing and attract investment to boost domestic hydrocarbon production? Can India take necessary measures in 2017 to improve energy efficiency and increase renewable energy supply faster than conventional energy supply? Will the Goods and Service Tax regulation outweigh the downturn imposed by currency demonetisation?

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    India energy: 2016 in review and outlook for 2017

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Tables and charts

This report includes 8 images and tables including:

Images

  • DISCOM losses: tariff revisions proposed and realised for fiscal year 2017
  • Change in coal demand and supply in 2016 (Mt)
  • Brent vs India gasoline prices (index to June 2014)
  • India crude slate by source, 2016

Tables

  • India energy: 2016 in review and outlook for 2017: Table 1
  • India energy: 2016 in review and outlook for 2017: Table 2
  • India energy: 2016 in review and outlook for 2017: Table 3
  • India energy: 2016 in review and outlook for 2017: Table 4

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