India's October LNG Imports Drop
India’s LNG imports saw first year-on-year drop in October after seven straight months of increase.
During October, India imported LNG equivalent to 2.28bn m3 of pipeline gas (about 1.8mn metric tons LNG), down 5.8% on year, according to data published November 20 by the Indian oil ministry's Petroleum Planning and Analysis Cell (PPAC).
During the first seven months of the present financial year that began April 1, cumulative imports were 16.46bn m3, up 12.6% on year. India's LNG imports last financial year were the highest ever at 26.4bn m³, up 7% from the year before, according to PPAC data.