Top pick: IGL and Petronet LNG A confluence of policy reforms, benign gas prices and accelerated execution of infrastructure is expected to drive gas demand in India. Ministry of Petroleum and Natural Gas (MoPNG) is not only set to more than triple the share of gas in the energy mix to 20% by 2025, but is also empowering its ambition with structural reforms to help achieve their goals. The global LNG supply glut and weak LNG demand in key import markets will keep LNG prices under pressure. Owing to an increase in domestic production, doubling of domestic LNG import capacities and creation of national gas grid will ease gas supply constraints and unlock latent demand.