India’s consumption is rising as global prices have eased: Gas importer

NEW DELHI (Reuters) – India’s gas consumption is rising as global prices have eased, the chief executive of the country’s top gas importer said on Monday.

Petronet LNG operates the country’s biggest liquefied natural gas (LNG) import terminal at Dahej in western India. The terminal has a capacity to import 17.5 million metric tonne per year (tpy) of LNG.

“We get indication from utilisation rate (of gas import terminals),” said Petronet chief executive officer A.K. Singh.

He said the Dahej terminal is operating at 95% capacity compared to 85% a year before.

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