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Increased consumption prompts higher natural gas imports: Ind-Ra
TIWN
Increased consumption prompts higher natural gas imports: Ind-Ra
PHOTO : TIWN

Mumbai, Aug 28 (TIWN) Domestic natural gas consumption has prompted higher LNG imports, ratings agency India Ratings and Research (Ind-Ra) said in a report.

“Ind-Ra believes that 11.8 per cent month-on-month (MoM) growth in liquified natural gas (LNG) import volume to 93 metric standard cubic metre per day (mmscmd) in June 2021 was led by 7.7 percent MoM growth in domestic gas consumption to 166 mmscmd,” the report said.  “In June 2021, the city gas distribution segment volumes increased 61.2 percent YoY and 10.3 percent, MoM, to 28.9mmscmd.”

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