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The country imported 2.93 billion cubic meters, or about 2.2 million metric tonnes, of LNG in October via long-term contracts and spot purchases,
This marks a rise of 10.5 percent compared to the same month in 2023, PPAC said.
PPAC’s data previously showed that LNG imports rose in September, August, July, and June this year compared to the previous year.
During April-October, India took 22.08 bcm of LNG, or about 16.7 million metric tonnes, up by 22.2 percent compared to the same period last year, according to PPAC.
India paid $1.2 billion for October LNG imports, up from $1.1 billion in October last year. The country paid $8.9 billion in the April-October period, up from $7.6 billion in the same period last year, PPAC said.
Moreover, India’s natural gas production reached about 3.11 bcm in October, a drop of 1.6 percent from the corresponding month of the previous year.
Natural gas production of 21.27 bcm in April-October was up by 1.1 percent compared to the same period in 2023.
India imports LNG via seven facilities with a combined capacity of about 47.7 million tonnes per year.
These include Petronet LNG’s Dahej and Kochi terminals, Shell’s Hazira terminal, and the Dabhol LNG, Ennore LNG, Mundra LNG, and Dhamra LNG terminal.
The Chhara LNG import terminal in Gujarat should receive its commissioning cargo by the end of this year after it failed to unload the cargo from the 2015-built 159,800-cbm, Maran Gas Mystras.
India’s Hindustan Petroleum, a unit of state-owned ONGC, aims to launch its delayed Chhara LNG import terminal in November or early December this year, its management said in July.
PPAC said that during April-September this year, the 17.5 mtpa Dahej terminal operated at 103.9 percent capacity, while the 5.2 mtpa Hazira terminal operated at 48.7 percent capacity.
The 5 mtpa Dhamra LNG terminal operated at 48.2 percent capacity, the 5 mtpa Dabhol LNG terminal operated at 30.9 percent capacity, the 5 mtpa Kochi LNG terminal operated at 21.8 percent capacity, the 5 mtpa Ennore LNG terminal operated at 23.7 percent capacity, and the 5 mtpa Mundra LNG terminal operated at 27 percent capacity.
Last month, Petronet launched two 180,000-cbm LNG storage tanks at its Dahej terminal in western Gujarat state.
The company is expanding the terminal with about 5 mtpa of new capacity, which should be available by March 2025.
Petronet recently said the company is optimistic about LNG demand growth in the country as its Dahej regasification terminal continues to operate at almost full capacity.