U.S.-India Energy Monitor, No. 5

The focus of this issue of the U.S.-India Energy Monitor is natural gas in the United States and India. As a cleaner burning fossil fuel energy source, natural gas has taken on renewed importance in the global energy market due to efforts to mitigate climate change. However, the role of natural gas is significantly higher for the United States than India, both in consumption and exports. The United States has emerged as the global leader in natural gas production, while gas plays an important, but smaller role in India’s energy mix given the presence of cheaper alternatives. These diverging paths reflect differing income levels in each country as natural gas is associated with higher incomes. This issue provides an overview of the current state of the natural gas sector and opportunities for the future.