India’s LNG Imports Rose in August
09.21.2023 By Tank Terminals - NEWS

September 21, 2023 [LNG Prime]- India’s liquefied natural gas (LNG) imports rose in August compared to the same month last year, according to the preliminary data from the oil ministry’s Petroleum Planning and Analysis Cell.

 

The country imported 2.23 billion cubic meters, or about 1.7 million tonnes of LNG, in August, a rise of 10.1 percent compared to the same month in 2022, PPAC said.

During April-August, India took 12.21 bcm of LNG, or some 9.3 million tonnes, up by 3.5 percent, PPAC said.

India paid $1.3 billion for August LNG imports, down from $1.5 billion last year, while costs dropped from $8 billion in the April-August period last year to $6 billion during the same five months this year, it said.

As per India’s natural gas production, it reached 3.16 bcm, up by 9.3 percent compared to the corresponding month of the previous year.

During April-August, gas production rose by 3.6 percent to 14.85 bcm, PPAC said.

At the moment, India imports LNG via seven facilities with a combined capacity of about 47.7 million tonnes.

India’s Adani and France’s TotalEnergies started supplying natural gas in April to the grid from their 5 mtpa Dhamra LNG import facility located in Odisha, on India’s east coast.

During April-August, Petronet LNG’s 17.5 mtpa Dahej terminal operated at 93.4 percent capacity, while Shell’s 5 mtpa Hazira terminal operated at 36 percent capacity, PPAC said.

The Dhamra LNG terminal operated at 18.9 percent capacity, it said.

 

Pro Trial: Access 12,600 Tank Terminal and Production Facilities

12,600 tank storage and production facilities as per the date of this article. Click on the button and register to get instant access to actionable tank storage industry data

10-year Treasury yield hovers close to highest level since April as investors await key jobs data
01.10.2025 - NEWS
U.S. Treasury yields hovered close to its highest level since April on Friday, as investo... Read More
Union dockworkers, port employers announce tentative deal at East Coast and Gulf ports
01.09.2025 - NEWS
State of Freight The tentative agreement is on all items for a new six-year mas... Read More
China's property market is expected to stabilize in 2025 — but stay subdued for years
10.30.2024 - NEWS
China’s struggling real estate sector may not start turning around until the sec... Read More
Harris will offer an alternative to Trump-era politics in closing argument speech
10.29.2024 - NEWS
1234534234 Democratic presidential nominee U.S. Vice President Kamala Harris walks to bo... Read More