India's October LNG Imports up 11% on Year

India’s LNG imports registered a year on year growth second month in a row in October, according to data published November 20 by the Indian oil ministry's Petroleum Planning and Analysis Cell.

The south Asian nation imported the pipeline equivalent to 2.42bn m³ in LNG last month, up 11% year on year.

Cumulative LNG imports from April-October, the Indian fiscal year-to-date, were 14.77bn m³ (or about 11mn metric tons of LNG), down 0.4% year on year. India's LNG imports rose sharply in the 2016-2017 fiscal year, by 15.5% to 24.6bn m³.

India has four operating LNG terminals: Dahej, Hazira, Dhabol and Kochi. According to a document released by the oil ministry June 3, 2016, India’s LNG terminal capacity could more than double by 2022 as existing terminals expand and new ones are commissioned.

Qatar is the largest supplier of LNG to India. A cubic metre of LNG is about 600 m³ of pipeline gas.