India’s liquefied natural gas (LNG) imports were up 6.2% year-on-year in September, as consumption is now moving towards pre-Covid levels, Kallanish Energy reports.
According to the latest data by the oil ministry’s Petroleum Planning & Analysis Cell (PPAC), Indian buyers brought in some 2.97 billion cubic meters (Bcm) of LNG last month, compared with 2.79 Bcm in Sept. 2019.
On a monthly basis, the import levels remained unchanged. From January to September, LNG imports reached 15.99 Bcm, which is 3% lower than the same period last year.
PPAC said gas consumption continues to recover with the resumption of economic activities in India. Total consumption was 5.2 Bcm in September, compared to 5.3 Bcm last year.
Meanwhile, natural gas output was down 10.7% y-o-y at 2.29 Bcm last month. In the first nine months of the year, Indian companies produced 13.95 Bcm, which is 12.8% lower than the same period in 2019.
This post appeared first on Kallanish Energy News.