India hydrogen ambitions are developing alongside a structurally growing LNG import portfolio, shaping longer-term signals for Europe’s gas market, according to analysis by Cedigaz.
India is reinforcing its role as a long-term LNG growth market through a diversified portfolio built around Qatari long-term contracts, destination-flexible US supply and limited spot exposure used primarily for optionality.
This strategy reflects India’s structurally rising gas demand, supported by expanding city gas distribution and fertiliser consumption, even as price sensitivity remains a defining feature of the market.
In contrast, European LNG demand is expected to peak mid-decade and decline thereafter. For global LNG suppliers, this is reshaping portfolio strategies, with India increasingly acting as the demand anchor while Europe becomes the flexibility hedge.
Hydrogen development in India remains a longer-term signal rather than an immediate disruptor.
Grey hydrogen is expected to dominate through the early 2030s, with meaningful gas displacement from green hydrogen unlikely before the post-2035 period.
For Europe, India’s hydrogen trajectory is therefore more relevant as an indicator of future contract structures and supplier behaviour than as a driver of near-term gas balances.
Source / full article: Cedigaz
