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    Indian LNG imports up 33% in February

Summary

The imports were up in the 11 months of the current fiscal year, which commenced on April 1, 2023, as well.

by: Shardul Sharma

Posted in:

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

Indian LNG imports up 33% in February

Indian LNG imports in February were 2.45bn m3 (approximately 1.8mn tonnes), up 33.3% year/year, according to the provisional data published by the country's oil and gas ministry's Petroleum Planning and Analysis Cell (PPAC) on March 16.

For the 11 months of the current fiscal year, which commenced on April 1, 2023 (FY2024), imports were 27.93bn m3, up 17.6% year/year.

In the fiscal year that concluded on March 31, 2023 (FY2023), India's LNG imports amounted to 26.65bn m3, reflecting a decline of 14.1% in comparison to the preceding year.