As per the sources, Gas Authority of India Limited (GAIL) will declare force majeure to ensure gas supply to priority sectors, as India navigates energy challenges stemming from the escalating West Asia conflict.
Crude-linked sectors such as downstream oil refiners, tyres, paints, speciality chemicals, flexible packaging and synthetic textiles may also be affected if energy prices remain elevated.
India imports around 85 per cent of its crude oil and half of its LNG requirement, with about 40-50 per
Escalating tensions due to the West-Asia conflict involving Iran have heightened risks to global energy supply chains, particularly around the strategic Strait of Hormuz, raising concerns for major Asian importers, including India, according to a report by Goldman Sachs.
This move comes amid escalating tensions in West Asia and after its energy infrastructure was targeted, including the Strait of Hormuz, a critical oil shipping route, which is currently under threat.
Posting on its X account, the company said, "Further to the decision by QatarEnergy to stop production of liquefied natural gas (LNG) and associated products, QatarEnergy is stopping the production of some downstream products in the State of Qatar, including urea, polymers, methanol, alum
The sources further stated that India is in a comfortable position with respect to LPG and LNG supplies. The government, according to sources, is keeping a close watch on the global energy market to ensure uninterrupted supplies for the country.
India's ongoing maritime sector reforms are translating into concrete outcomes in shipbuilding and green shipping, with the signing of a contract between global shipping major CMA CGM and Cochin Shipyard Limited (CSL) for the construction of six 1,700 TEU LNG-fuelled feeder container vess
"The buying of crude oil, LNG, or LPG from the US is in India's strategic interest as we diversify sources. But the decisions are taken by the buyers themselves. The trade deal does not decide who will buy what and from where," Goyal told ANI.
Hindustan Petroleum Corporation Limited (HPCL) and the Indian Gas Exchange (IGX) signed a Memorandum of Understanding (MoU) on Friday to increase access to the Chhara LNG terminal in Gujarat. The agreement was finalised during India Energy Week 2026 in Goa. Under this partnership, IGX will b
The US reaffirmed its energy partnership with India at India Energy Week 2026 in Goa, focusing on expanding trade, infrastructure and technology cooperation. US officials discussed increasing energy imports, LNG and civil nuclear collaboration, while both sides highlighted innovation and sma
Industry leaders at the India Energy Week 2026 underlined the growing role of natural gas in enabling a balanced and resilient energy transition for India, stressing that collaboration across value chains will be key as energy demand rises alongside decarbonisation goals.
Petronet LNG Limited (PLL) and Oil and Natural Gas Corporation (ONGC) Limited have entered into a Master Regasification Agreement (MRA) under which PLL shall provide LNG regasification services to ONGC at the Dahej terminal, thereby enabling them to supply regasified natural gas to meet the