LNG TO INDIA: UP 35%
NGW wrote, after witnessing a minor dip in July for the first time this year, India's LNG imports have regained their sharp double-digit growth rates. According to data published by oil ministry's Petroleum Planning and Analysis Cell (PPAC), LNG imports in August were 2.14bn m³, up almost 35% compared with the same month last year. Cumulative imports too remain substantially higher: for the first five months of fiscal year 2016-2017 (April-August), India's cumulative LNG imports were 10.34bn m³, up almost by 26% year-on-year.
The cost of importing…
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