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India’s LNG Imports Rose 33.3% in February y/y to 2.4bcm

LNG

India’s LNG imports via long-term contracts and spot purchases rose 33.3% in February y/y to about 2.4bcm, or 1.8m tonnes, according to the preliminary data from the Petroleum Planning and Analysis Cell.

  • Imports during April 2023-February 2024 increased by 17.6% to 27.93bcm of LNG.
  • India’s natural gas production reached 2.47bcm in February, up by 11.1% y/y. April-February gas production rose by 5.7% to 33.2bcm.
  • India imports LNG via seven facilities with a combined capacity of about 47.7m tonnes.
  • The 17.5mtpa Dahej import terminal operated at 95.3% capacity during April 2023-January 2024, while the 5.2mtpa Hazira terminal operated at 32.6% capacity.
  • The 5mtpa Dhamra LNG terminal operated at 24.6% capacity, 5mtpa Dabhol LNG at 39.4% capacity, and 5mtpa Kochi LNG at 20.6% capacity.

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