CEDIGAZ has recently published its annual survey on the global hydrogen market along with comprehensive databases on low-emission hydrogen production projects worldwide. The report tracks recent policy and market developments of the global low-emission hydrogen sector. It also focuses on project development and medium-term demand and supply prospects.
Hydrogen
India’s LNG Portfolio and Hydrogen Shift: Market Signals for Europe
By Akul RAIZADA, January 2026
India is pursuing a three-pronged LNG import strategy, with long-term contracts with Qatar serving as the anchor, US-indexed and portfolio contracts providing flexibility, and residual spot exposure offering optionality. While green hydrogen is expected to progressively replace grey hydrogen, significant gas displacement is not expected before 2035. For Europe, the impact is transmitted through supplier behaviour and contract mix rather than competition for spot or flexible cargoes. Global LNG suppliers increasingly view India as the growth hedge and Europe as the flexibility hedge, making India’s growing demand critical for portfolio optimisation.
GLOBAL HYDROGEN MARKET – 2025 ASSESSMENT
Recent trends and prospects
CEDIGAZ has recently published its annual survey on the global hydrogen market along with comprehensive databases on low-emission hydrogen production projects worldwide. The report tracks recent policy and market developments of the global low-emission hydrogen sector. It also focuses on project development and medium-term supply prospects.
The hydrogen industry is at a pivotal stage, with significant progress made in investments, policy support, and project development. However, the market remains in its infancy, with substantial challenges in cost, infrastructure, and demand uptake. The next five years will be critical for scaling hydrogen production and establishing a global market. Stronger policies, international collaboration, and technological advancements are essential to unlock hydrogen’s full potential as a cornerstone of the energy transition.