India to surpass China as largest LPG importer by 2030

India is expected to overtake China as the world's largest cooking gas LPG residential sector market by 2030, Wood Mackenzie said on Tuesday. “Liquefied petroleum gas (LPG) demand in the residential sector will continue to see sustainable growth at a cumulative annual growth rate of 3.3 per cent, reaching 34 MT in 2030 as households’ dependence on solid biomass diminishes in the long run supported by rising average household incomes and urban population,” it said in a report.