LNG

Indian liquefied natural gas imports rebounded by 6.5 percent and offset a monthly decline in domestic gas production at a time when gas demand is rising and prices steadily falling from last year’s record levels.

Petronet LNG, the owner of the largest Indian cargo import terminal at Dahej north of Mumbai, reported record earnings in the third quarter of the fiscal year as natural gas prices increased, though the nation’s imports were down in December for a third month.