-
India’s natural gas production dips 1.6% in September; LNG imports surge by 13.5%
India’s natural gas production for September 2024 recorded a gross output of 2,977 MMSCM, showing a decline of 1.6% compared to the same month last year, according to the Petroleum Planning & Analysis Cell (PPAC). Despite this drop, LNG imports surged by 13.5%, reaching 2,932 MMSCM, highlighting the country’s increasing reliance on imports to meet its energy demand. The total availability of natural gas for sale was 5,411 MMSCM, marking a 5.8% increase year-on-year, demonstrating that higher imports are compensating for the reduced domestic output.
Natural gas consumption for September 2024 stood at 5,752 MMSCM, with the fertilizer sector accounting for the largest share at 29%, followed by city gas distribution (CGD) at 20%, and the power sector at 12%. The CGD sector saw a significant growth of 16% compared to the previous year, reflecting the sector’s expansion and the rising adoption of gas for urban utilities. In contrast, power sector consumption declined by 13%, with its share dropping, possibly due to shifts in energy preferences and the integration of renewables.
Share This
