Lng

Hardeep Puri heads to Qatar as LNG supplies disrupt amid US-Iran war

Oil minister visits Qatar after US-Iran ceasefire, as LNG disruptions from QatarEnergy raise concerns over India's energy supplies and gas allocation priorities

Hardeep Puri heads to Qatar to secure LNG, LPG supply amid fuel crisis

Qatar is India's single-largest supplier of both LNG and LPG, providing 45 per cent and 20 per cent respectively

Russia offers sanctioned LNG to energy-hungry Asia at 40% discount

The effective closure of the Strait of Hormuz - and attacks on the world's largest LNG export plant in Qatar - has throttled about a fifth of global supply, upending the gas market and lifting prices

Costly LNG terminals in India hit by low utilisation amid supply shock

Newer LNG terminals face viability risks as West Asia conflict cuts supplies, raises prices and weakens demand, even as India expands import capacity and dependence on overseas gas

Russia offers to 'steadily increase' crude oil, LNG supplies to India

Russia signals readiness to boost oil and LNG supplies as India faces energy stress amid West Asia conflict and rising import dependence

First LNG tanker exits Strait of Hormuz along Omani coast since war

LNG ships have avoided Hormuz since the conflict broke out on Feb. 28, disrupting about a fifth of the world's supply of the fuel

West Asia crisis: Russia offers to boost crude, LNG supplies to India

With the West Asia crisis continuing to drive volatility in the global energy market, Russia has offered to increase supply of crude oil and natural gas to India even as the two sides agreed to further enhance the overall bilateral ties. The energy cooperation figured prominently in meetings Russia's First Deputy Prime Minister Denis Manturov held with National Security Advisor Ajit Doval and External Affairs Minister S Jaishankar on Thursday, people familiar with the matter said. Manturov also held talks with Finance Minister Nirmala Sitharaman and called on Prime Minister Narendra Modi last evening. A Russian readout of the First Deputy Prime Minister's engagements in New Delhi said special attention was accorded to bilateral cooperation in the oil and gas sector. "Denis Manturov confirmed that Russian companies have the capacity to steadily increase supplies of oil and liquefied natural gas to the Indian market," it said. The comments came as the the West Asia crisis continued

Why closure of Strait of Hormuz leaves Asian nations most vulnerable

Wealthier economies like China, Japan and Singapore, with deep pockets and strategic reserves, can cushion the blow - in the short term at least - but others are more exposed

Asia braces for LNG shock as Strait of Hormuz blockade chokes supply

With a cutoff in shipments imminent, Asian countries, the biggest importers of liquefied natural gas from the West Asia, are already burning more coal and reducing consumption

LNG supply to urea units rises to 75-80%; output falls 27% in March

The government has also secured arrangements for 2.8 million tonnes of urea from Russia through the Cape of Good Hope route

Why the West Asia war may force countries to rely less on natural gas

The United States, as the world's biggest gas exporter, will almost certainly benefit from this upheaval, at least in the short term

Asia boosts coal use as West Asia war squeezes global LNG supplies

Asian countries are turning to coal as the Iran war disrupts oil and gas shipments. The continent is exposed because it relies on imported fuel, much of it passing through the Strait of Hormuz - a chokepoint for about a fifth of global oil and natural gas trade. LNG is a natural gas cooled to liquid form for easy storage and transport. It has been promoted as a bridge fuel in the shift from oil and coal to cleaner energy sources. The US has sought to expand exports of LNG across Asia. It burns cleaner than coal, but still emits climate change-causing gases, especially methane. The war has countries shifting back to coal to cover LNG shortfalls. India is burning more coal to meet higher summer demand. South Korea has lifted caps on electricity from coal. Indonesia is prioritising using its domestic supply. Thailand, the Philippines and Vietnam are boosting coal-fired power. Burning more coal risks worsening smog in major cities, slowing the transition to renewable energy and increas

PLNG valuations remain attractive, but near-term downtrend likely

Petronet LNG (PLNG) gets 8.5 mmtpa of LNG from Qatar (50 per cent of its volume) and PLNG has issued a press release in response to QatarEnergy's notice of force majeure

War, emerging geopolitical faultlines: West Asia war jolts global economy

Iran's decision to shut off the Strait of Hormuz on March 1 was not merely an act of retaliation; it was a calculated demonstration of its enduring capacity to disrupt the global commons

Global LNG exports hit six-month low as West Asia conflict disrupts flows

The 10-day moving average for LNG shipments has fallen about 20 per cent from the start of the month to 1.1 million tonnes, the lowest since September

India once pursued Iran gas pipeline via Pakistan: What went wrong

India once explored Iranian gas imports via Pakistan through the $7 billion Iran-Pakistan-India (IPI) pipeline. Here's why India exited the project

India faces Qatar LNG supply risk after Iran strikes hit capacity

India, the world's fourth-largest LNG importer, relies on Qatar for about 41 per cent of its gas imports

Government identifies 22 vessels for safe passage via Strait of Hormuz: What does it mean | Iran

The government has identified 22 India-bound vessels in the Persian Gulf region for evacuation and safe passage through the Strait of Hormuz, amid the rising tensions in West Asia. These vessels carry

Strikes on Qatar's Ras Laffan LNG plant to reshape the future of gas

The Ras Laffan LNG complex has suffered extensive destruction that will take up to five years to repair

Iran strike to cost QatarEnergy $20 bn a year, disrupt global LNG supply

The missile strikes on Ras Laffan Industrial City damaged QatarEnergy's Trains 4 and 6, which represent a combined 12.8 million tonnes of annual production capacity