India's September LNG Imports Rise 5% on Year

After falling almost 3% in August, LNG imports into India for September increased by almost 5% year on year to 2.41bn m³, data published by the Indian oil ministry's Petroleum Planning and Analysis Cell showed October 20.

Cumulative LNG imports from April-September, the Indian fiscal year-to-date, were 12.44bn m³, down 1.6% 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.

Shardul Sharma