Indian liquefied natural gas imports declined for a fifth month though at a much slower rate while year-on-year LNG costs soared and were partially offset by more domestic pipeline gas supplies coming ashore from the Bay of Bengal.

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Indian liquefied natural gas imports plunged over 20 percent for a second successive month as the costs of LNG shipments soared, though falling volumes were again offset by offshore domestic natural gas pipeline supplies on the East Coast.

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Two years after Indian Prime Minister Narendra Modi inaugurated the first Indian East Coast liquefied natural gas import terminal at Kamarajar Port, also known as Ennore, Qatargas has delivered its first and largest commercial cargo as the terminal seeks to boost its capacity utilisation, currently under 12 percent.

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