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

UAE Invests Billions in AI to Diversify Economy Beyond Oil
11.13.2024 - NEWS
November 13, 2024 [Oil Price]- The United Arab Emirates’ state-owned energy giant Abu Dhabi Nat... Read More
Gulf Energy Transition: Assessing Saudi and Emirati Goals
11.13.2024 - NEWS
November 13, 2024 [The Washington Institute]- On October 29, during Saudi Arabia’s annual Futur... Read More
How will The Energy Sector Fare Under Donald Trump?
11.13.2024 - NEWS
November 13, 2024 [Investing Daily]- The energy sector experienced a notable boost following Dona... Read More
PNOC, Pertamina Partner on LNG Infrastructure, Supply Chain
11.13.2024 - NEWS
November 13, 2024 [Manila Bulletin]- State-run Philippine National Oil Company (PNOC) has signed ... Read More