Lng Price

Govt withdraws emergency gas curbs as LNG supplies normalise after crisis

The government has withdrawn most provisions of the emergency natural gas supply regulation order imposed during the West Asia conflict after liquefied natural gas (LNG) shipments through the Strait of Hormuz resumed following a ceasefire. In a notification issued on Saturday, the Ministry of Petroleum and Natural Gas amended the Natural Gas (Supply Regulation) Order, 2026, omitting key operational provisions, which led to all domestically produced natural gas and imported LNG to be sold as per a new priority customer list drawn by the government. The original order, issued on March 9 under the Essential Commodities Act, was brought in after the conflict in West Asia disrupted LNG shipments through the Strait of Hormuz, with suppliers invoking force majeure and diverting cargoes to priority consumers. The ministry said the situation has since improved, with a ceasefire in place, negotiations underway and maritime traffic through the Strait of Hormuz resuming. The gas supply curbs w

Global LNG trade could remain flat in 2026, says Shell Energy Outlook

Shell says normal shipping through the Strait of Hormuz could keep global LNG trade flat in 2026, with growth expected to resume in 2027 as new supply comes online

West Asia war: Centre working on extending new investment policy for urea

The move is projected to save the exchequer more than ₹10,500 crore annually in subsidies, based on conservative estimates and assuming an average imported urea price of $345 per tonne

Searing Asian summer may heighten risks of global gas price surge

Conflict in West Asia has choked a fifth of global LNG supply, but that hasn't resulted in extreme price spikes seen during previous energy crises, mainly due to weak Chinese imports

Petronet LNG plans to build 7 LNG storage tanks amid supply disruptions

The move comes as India faces critical challenges in meeting the country's energy requirements amid the West Asia crisis, highlighting high energy import dependency and lack of storage infrastructure

US - Iran ceasefire & markets: How brokerages interpret the developments

Here's how leading brokerages have interpreted the recent developments in West Asia and their likely impact on stock markets and crude oil prices.

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

Govt permits C3, C4 allocation for pharma, chemicals, and food sectors

A government committee will evaluate sector-wise allocation of C3 and C4 streams for key sectors amid supply constraints and rising energy prices due to the West Asia crisis

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 crunch may stoke inflation, slow global growth after Qatar hit: Analyst

The damaged LNG trains represent a structural hole in global supply that no amount of diplomatic goodwill can close before the 2026-27 winter

Asian spot LNG prices likely to rise 40 % in 2026, says Rystad Energy

Asian LNG spot prices may rise to $14/mmbtu in 2026 amid West Asia conflict, with Strait of Hormuz disruptions curbing supply and keeping shipping traffic constrained

West Asia disruptions to impact daily CGD sales volumes by 8-10%: CRISIL

Ongoing Middle East conflict may reduce India's city gas distribution sales volumes by 8-10 per cent due to LNG supply disruptions, though price pass-through may cushion margins

Global hunt for LNG intensifies as West Asia conflict cuts supply

The conflict has shut down Ras Laffan, the world's largest LNG export facility in Qatar, and halted traffic through the Strait of Hormuz

Reliance boosts LPG production at Jamnagar to stabilise domestic supply

Reliance Industries is taking proactive steps and in line with the government guidelines, the company said in a statement

How West Asia conflict threatens LNG supply chain powering India's economy

West Asia conflict and disruption near the Strait of Hormuz threaten LNG shipments vital to India's fertiliser, power and manufacturing sectors, raising risks of supply shocks and higher energy costs

Qatar LNG pause may flip global supply surplus into deficit: Morgan Stanley

Analysts at Morgan Stanley said that if the LNG outage in Qatar extends beyond a month, the global LNG market forecast could quickly swing from surplus to deficit

Hormuz crisis may push Brent toward $100 amid US-Iran conflict: Analyst

The "war premium" has pushed Brent crude toward the $100 per barrel threshold, reigniting stagflation ary fears that central banks thought they had conquered

India's LNG-powered trucks and fuel retail underperformed in 2025

India's private sector may lead the charge for more retail outlets of liquefied natural gas (LNG) in 2026 but it remains a niche business

India's natural gas consumption seen rising 3-4% in FY27 on demand: Icra

After moderating in FY26, India's gas demand is expected to rebound in FY27 on higher industrial offtake and city gas distribution expansion, aided by softer LNG prices

Cheap oil-linked LNG supply to India trumps US gas amid trade talks

Indian buyers favour cheaper oil-linked LNG over US gas as henry hub prices and freight costs rise, cooling appetite for long-term US LNG deals amid ongoing trade talks