Natural Gas Shortage 2024 India. This could put strains on its energy system, which for the moment relies heavily on imported fossil fuels, especially crude oil and natural gas. India’s unemployment rate increased to 8% in 2023 from 7.33% in 2022 and nearly 6% in 2021.
Government lifts cap on sugar diversion for ethanol production starting in november 2024. India ‘s total consumption of natural gas, including internal usage, saw a significant increase to 5,594 million metric standard cubic meters (mmscm) in.