India’s LNG Imports Down in July
08.23.2023 By Tank Terminals - NEWS

August 23, 2023 [LNG Prime]- India’s liquefied natural gas (LNG) imports dropped in July 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 July, a drop of 1.1 percent compared to the same month in 2022, PPAC said.

During April-July, India took 9.98 bcm of LNG, or some 7.6 million tonnes, up by 4.7 percent, PPAC said.

India paid $2.1 billion for July LNG imports, up from $1.9 billion last year, while costs rose from $6.6 billion in the April-July period last year to $6.7 billion during the same four months this year, it said.

As per India’s natural gas production, it reached 3.12 bcm, up by 8.3 percent compared to the corresponding month of the previous year.

During April-July, gas production rose by 2.2 percent to 11.68 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, as part of the terminal’s commissioning phase.

During April-July, Petronet LNG’s 17.5 mtpa Dahej terminal operated at 95.7 percent capacity, while Shell’s 5 mtpa Hazira terminal operated at 33.3 percent capacity, PPAC said.

The Dhamra LNG terminal operated at 19 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

Pakistan, China Likely to Sign MoU on Petrochemical Refinery Next Month
05.18.2024 - NEWS
May 18, 2024 [Geo News]- During Prime Minister Shehbaz Sharif’s visit to Beijing in June, the g... Read More
Stena Oil’s New Terminal in Frederikshavn Officially Opened
05.18.2024 - NEWS
May 18, 2024 [Stena Oil]- On Tuesday, May 14th, Stena Oil’s new terminal in Frederikshavn was i... Read More
Axalta to Acquire the CoverFlexx Group, a Leading Aftermarket Coatings Business Focused on Economy Customers in North America
05.17.2024 - NEWS
May 17, 2024 [Axalta]- Axalta Coating Systems (NYSE: AXTA), a leading global coatings company, to... Read More
Airport Operator Groupe ADP Invests $20 Million in Sustainable Aviation Fuel Provider LanzaJet
05.17.2024 - NEWS
May 17, 2024 [ESG Today]- Sustainable aviation fuel (SAF) technology and production company Lanza... Read More