India’s March LNG imports rise 20.4 percent

India’s liquefied natural gas imports in March increased by 20.4 percent when compared to the same month before.

India imported 2.87 billion cubic meters of LNG last month compared to 2.38 billion cubic meters in March 2019, data from the oil ministry’s Petroleum Planning and Analysis Cell shows.

During the fiscal year ending March 2020, India’s LNG imports rose 17.2 percent year-on-year to 33.7 billion cubic meters, PPAC said.

The costs of March LNG imports were at $0.7 billion, while India paid $9.5 billion for the LNG imports in the year ending this March.

This compares to $0.7 billion and $10.3 billion India paid for LNG imports in March 2019 and fiscal year ending March 2019, respectively.

PPAC data shows that Petronet LNG’s 17.5 million tonnes per year Dahej terminal continues to operate above full capacity utilization.

The LNG import terminal in Gujarat operated at 104.2 percent capacity utilization during the April 2019-February 2020 period.

Shell’s 5 million tonnes per year Hazira LNG terminal operated at 98.8 percent capacity during the same period.

Looking at India’s domestic natural gas production, it dropped 14.4 percent in March to 2.4 billion cubic meters.

In the fiscal year ending this March, production increased by 5.2 percent to 31.18 billion cubic meters, PPAC said.

Most Popular

Glenfarne still expects Texas LNG FID by end of this year

US energy firm Glenfarne confirmed it is targeting a final investment decision on its planned 4 mtpa Texas LNG export project in the port of Brownsville by the end of 2025 after the US FERC issued the final supplemental environmental impact statement for the project.

Kosmos: Tortue FLNG to hit full capacity in Q4

UK-based energy giant BP and its partners expect the 2.7 mtpa Golar FLNG Gimi, which serves the Greater Tortue Ahmeyim LNG project offshore Mauritania and Senegal, to reach its nameplate capacity in the fourth quarter of this year, according to US-based Kosmos Energy.

Equinor’s Hammerfest LNG back online after maintenance

Norwegian energy firm Equinor has resumed operations at its 4.3 mtpa Hammerfest LNG export plant following an extended maintenance shutdown, a spokesperson for Equinor told LNG Prime on Monday.

More News Like This

Petronet plans to complete Dahej LNG expansion by end of this year

India’s largest LNG importer, Petronet LNG, expects to complete work on an additional 5 mtpa capacity at its Dahej LNG terminal in western Gujarat state by the end of this year, according to Petronet LNG's management.

Petronet approves onshore Gopalpur LNG terminal

India’s Petronet LNG has approved an investment in a land-based LNG import terminal in Gopalpur, Odisha, instead of an FSRU-based facility.

India’s Petronet LNG logs lower profit, volumes

India’s largest LNG importer Petronet LNG, the operator of the Dahej and Kochi regasification terminals, reported lower quarterly profit and volumes.

India boosts June LNG imports

India's liquefied natural gas (LNG) imports rose by 26.1 percent year-on-year in June, preliminary data from the oil ministry’s Petroleum Planning and Analysis Cell shows.