LNG imports to India jump 26% in January as price fall boosts demand

Liquefied natural gas (LNG) imports surged 26% in January from a year earlier as a price drop in the international market boosted domestic demand.

India imported 2.4 billion cubic meters (BCM) of LNG in January, up from 1.9 BCM in the year-ago period, according to the oil ministry data. Import for the April-Jan period was up 15% from a year earlier.