LNG

Indian liquefied natural gas monthly imports increased by more than 16 percent last month and were back on track for a record fiscal-year total as cargo shipments rose along with economic activity and the nation was set to have its seventh regasification facility in early 2021.

Indian Prime Minister Narendra Modi inaugurated the Mundra liquefied natural gas import terminal, the third sited in Gujarat state and the fifth on the West Coast of India, while no facilities currently operate on the East Coast.