LNG Imports Jump 20% In The First Six Months Of 2018: S&P Global Platts


LNG Imports Jump 20% In The First Six Months Of 2018: S&P Global Platts

The country’s liquefied natural gas (LNG) imports jumped 20 per cent year-on-year in the first half of this year on strong growth in demand, S&P Global Platts said on Thursday.

It expects imports from the US market to increase in coming years to meet the increasing demand.

“India’s LNG imports jumped by 20 per cent in the first six months of 2018 as compared to same period last year due to strong growth in demand,” S&P Global Platts’ director, LNG market development, Marc Howson, told reporters here.

With the government taking proactive steps to ease infrastructure bottlenecks and push for gas as penetration in energy mix, Howson said LNG is the only option in boosting the country’s gas demand in the next few years. Read More

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