Natural gas demand seen up 12-14%

The domestic demand for natural gas is seen rising by 12-14 per cent next fiscal, despite prices remaining high for the past several months, said ratings agency Crisil.

According to it, this trend is supported by economic recovery and lower-than-usual inventories in key European consumption centres.

Besides, Russia’s invasion of Ukraine, which began in February 2022, drove already-elevated gas prices even higher, Crisil said.

Touchstone Exploration Inc (LON:TXP) is a Canadian-based, international upstream oil and gas company currently active in the Republic of Trinidad and Tobago.

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