Indian LNG imports show long-awaited surge of over 17 percent in full fiscal year even amid growing domestic output
Indian liquefied natural gas imports showed a long-awaited surge of over 17 percent in the full fiscal year to the end of March as growing domestic gas output was offset by falling LNG prices and the nation’s increasing demand for gas marked by a new West Coast terminal set to start commercial operations soon
Indian LNG deliveries drop again amid high costs while domestic gas output rises and Punjab pipeline opens
Shipments of LNG to India dropped for an eighth straight month during April, falling by over 13 percent as costs jumped and rising domestic natural gas production prevented gas shortages while GAIL India also increased pipeline network connections in Punjab.
Indian LNG imports drop as prices surge over 70 percent in fiscal first half and domestic gas output jumps
Indian liquefied natural gas imports dropped by over 7 percent, even more than in the previous month, as the costs of LNG shipments soared and the nation’s supply security was enabled by offshore domestic natural gas pipeline supplies that jumped more than 26 percent.
Decline in Indian LNG imports is offset by rising domestic gas output amid continued impacts of Covid-19
Indian liquefied natural gas imports last month dropped by almost 15 percent amid a surge in cargo prices and a slower resumption of full activity because of the Covid-19 pandemic.
Reliance Industries and BP bring second Indian natural gas field on stream as LNG imports also grow
Reliance Industries of India and BP of the UK said a second natural gas field had come on stream ahead of the mid-2021 schedule in the Krishna Godavari Basin offshore the Indian East Coast, adding to the nation’s gas supply in addition to LNG shipments.
India reports another drop in LNG imports on slow economic recovery and wait for East Coast regas
India’s liquefied natural gas imports fell for a third month and by over 20 percent amid a slow economic recovery because of the ongoing effects of Covid-19, while the nation was still working on a better geographic spread of regasification facilities.
Indian LNG imports jump as shipments head for fiscal-year record with more terminals starting up
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 company Swan Energy makes progress on seventh LNG import terminal for India near Jafrabad
Swan Energy Ltd., the Indian conglomerate with interests in energy, textiles and real estate, said it was making progress with the nation’s seventh LNG import terminal at Jafrabad port in the West Coast state of Gujarat and expects commissioning in early 2021.
Indian LNG cargo deliveries gather pace and may get back to earlier levels to set record for 2020
Indian liquefied natural gas monthly imports edged higher as shipments cost less and began to gather pace along with economic activity and shipments for September at the nation’s largest terminal from Cove Point in the US and from Trinidad.
IEA Outlook expects China to be importing twice as much LNG as future No. 2 importer India
The International Energy Agency says the massive expansion of natural gas production is having wide-ranging effects on the global liquefied natural gas balance by underpinning major investments in new liquefaction capacity despite low gas prices in both Europe and Asia.
