India’s LNG imports keep rising

India’s LNG imports are continuing to improve and they increased for the fifth straight month in November following declines in April-June due to Covid-19 restrictions.

LNG imports reached 2.89 billion cubic meters or about 2.14 million tonnes of LNG last month, a rise of 11.8% year-on-year, data from the oil ministry’s Petroleum Planning and Analysis Cell shows.

Moreover, the value of November LNG imports continued to ease and the price tag totaled $0.7 billion compared to $0.8 billion in the same month last year.

Same as in October, India’s domestic natural gas production dropped last month 9.1 percent to 2.33 bcm.

Total LNG imports in the April-November period decreased by just 0.6% to 21.07 bcm or about 16.2 million tonnes of LNG.

India currently imports LNG via six terminals with a combined capacity of 42.5 million tonnes.

Petronet LNG’s 17.5 mtpa Dahej terminal operated at 95% capacity while Shell’s 5 mtpa Hazira terminal operated at 96.9% capacity in April-October, the PPAC data shows.

Most Popular

Venture Global, Petronas seal 20-year LNG SPA

US LNG exporter Venture Global LNG has signed a 20-year LNG supply contract with Malaysian energy giant Petronas for volumes from the CP2 project in Louisiana.

Delfin inks new deals for US FLNG project, eyes FID later this year

Delfin Midstream, the US developer of a floating LNG export project offshore Louisiana, is moving forward with the project by signing new deals with Siemens Energy, Samsung Heavy, and Black & Veatch.

Golden Pass LNG seeks re-export approval

Golden Pass LNG, a joint venture owned by energy giants QatarEnergy and ExxonMobil, is seeking approval from the US DOE to export previously imported LNG from October, as it nears the launch of the first liquefaction train.

More News Like This

India’s May LNG imports drop

India's liquefied natural gas (LNG) imports dropped by 15.3 percent year-on-year in May, preliminary data from the oil ministry’s Petroleum Planning and Analysis Cell shows.

GAIL: Dabhol LNG terminal gets first cargo during monsoon season

India's GAIL has unloaded its first LNG cargo at the Dabhol LNG terminal during the monsoon season following the completion of the breakwater project.

BP seals LNG SPA with India’s Torrent Power

A unit of UK-based energy giant BP has signed a long-term liquefied natural gas (LNG) supply deal with India's Torrent Power.

Petronet pushes back launch of additional Dahej LNG capacity

India’s largest LNG importer, Petronet LNG, has again pushed back the launch of an additional five mtpa capacity at its Dahej LNG terminal in western Gujarat state.