LNG

Indian liquefied natural gas imports last month dropped by more than 17 percent amid a 40 percent surge in cargo prices year-on-year, while domestic natural gas production more than offset the fall in imports.

Indian liquefied natural gas imports last month surged more than 9 percent along with domestic natural gas production, up more than 19 percent, as economic activity proved to be more resilient as the nation emerged from the worst of the Covid-19 pandemic.