• Natural Gas News

    India's LNG imports rise 10% in August

Summary

The imports remained stable on a month/month basis.

by: Shardul Sharma

Posted in:

Natural Gas & LNG News, Asia/Oceania, Liquefied Natural Gas (LNG), News By Country, India

India's LNG imports rise 10% in August

India's LNG imports for the month of August totalled 2.23bn m(approximately 1.7mn tonnes), marking an increase of 10.1% compared with the same period last year, according to the provisional data published by the country's oil and gas ministry's Petroleum Planning and Analysis Cell (PPAC) on September 21. Notably, the imports remained stable on a month/month basis.

For the first five months of the current financial year that began on April 1 (FY2024), cumulative LNG imports were 12.21bn m3, up 3.5% when compared with the corresponding period in the previous year.

In the fiscal year which concluded on March 31 (FY2023), India's LNG imports amounted to 26.65bn m3, reflecting a decline of 14.1% in comparison to the preceding year.