India LNG Imports: This surge is expected to be driven by heightened demand across key sectors, including power, industrial, and transportation, coupled with infrastructure development in anticipation of national elections, as per S&P Global.
November witnessed a 6% surge in domestic natural gas consumption compared to the previous year, driven by enhanced supply from local fields, according to oil ministry data. Liquefied natural gas (LNG) imports grew by 5%, complementing a 7.6% rise in output from domestic gas fields. Notably, private sector-operated fields saw a substantial 26% boost in production.
November witnessed a 6% surge in domestic natural gas consumption compared to the previous year, driven by enhanced supply from local fields, according to oil ministry data. Liquefied natural gas (LNG) imports grew by 5%, complementing a 7.6% rise in output from domestic gas fields. Notably, private sector-operated fields saw a substantial 26% boost in production.
The proposed 5 per cent blending of biogas with natural gas supplies in the country can cut LNG imports worth USD 1.17 billion annually, says a study by the Indian Biogas Association (IBA). The biogas blending is proposed to be further increased to 5 per cent by fiscal year 2028-29.
The proposed 5 per cent blending of biogas with natural gas supplies in the country can cut LNG imports worth USD 1.17 billion annually, says a study by the Indian Biogas Association (IBA). The biogas blending is proposed to be further increased to 5 per cent by fiscal year 2028-29.