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    India's LNG imports down 3% in Aug

Summary

The imports were up 13.9% month/month, however.

by: Shardul Sharma

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India's LNG imports down 3% in Aug

India’s LNG imports in August came in at 2.87bn m3 (2.11mn metric tons), down 3.4% year/year, the country’s oil and gas ministry's Petroleum Planning and Analysis Cell (PPAC) website showed on August 25. The imports were up 13.9% month/month, however.

During the first five months of the financial year 2021-22, imports were 13.03bn m3, up 0.7% yr/yr, PPAC data showed.

LNG imports in August cost $1.1bn, up from $600mn in the same month last year. In the April-August period, the import bill was $4.2bn, up 68% yr/yr, the PPAC data showed. In the financial year 2020-21, the import bill was $7.4bn.