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    India's LNG imports remain flat in March

Summary

During the 12 months to March 31, imports were down 3%.

by: Shardul Sharma

Posted in:

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

India's LNG imports remain flat in March

India's LNG imports in March came in at 2.97bn m(about 2.2mn metric tons), up 0.1% year/year, the data published on April 20 by the Indian oil and gas ministry's Petroleum Planning and Analysis Cell (PPAC) showed. Imports were up 5.7% month/month.

During the 12 months to March 31 (FY2020-2021), imports were 32.85bn m(about 24mn mt), down 3% yr/yr.

LNG imports in March cost some $800mn, up from $700mn in the same month last year. In FY2020-2021, the import bill was $7.4bn, down from $9.5bn a year earlier, the PPAC data showed.