Natural gas import bill down 3% in Q1FY26

Going South

- Arunima Bharadwaj New Delhi, July 20

INDIA'S NATURAL GAS import bill declined by 2.6% to $3.7 billion in the first quarter of FY26, compared to $3.8 billion during the same period last year, according to data from the Petroleum Planning and Analysis Cell (PPAC).

The country imported 8,778 million standard cubic meters (mmscm) of liquefied natural gas (LNG) during the April-June period, reflecting a 4.5% increase over the same quarter in FY25.

In June 2025, the import bill dropped by 7% to $1.3 billion compared to June 2024. Import volumes, however, surged by 26% to 3,000 mmscm.

During the April-June quarter, India's total natural gas consumption rose marginally by 1% to 17,448 mmscm, pushing the share of imports in total consumption to 50.3%, up from 48.5% a year earlier.