Officials say West Asia conflict has disrupted about 25% of India’s natural gas needs; government seeks alternative LNG and crude supplies
The Facts
- Indian officials said about 25% of India’s natural gas requirement has been impacted due to force majeure conditions linked to the West Asia conflict.
- Officials said India’s total daily natural gas consumption is about 189 million metric standard cubic metres per day (MMSCMD), with about 97.5 MMSCMD produced domestically and the remainder imported.
- Officials said the government and gas companies are seeking to plug the gas shortfall by procuring LNG cargoes through alternative routes/sources, and that two LNG cargoes are on the way to India.
- At a government briefing, officials urged consumers not to panic-book LPG cylinders and said the normal domestic LPG delivery cycle of about 2.5 days is being maintained.
- Government measures have increased domestic LPG production by about 25%, with refineries directed to maximize LPG output.
- Officials said India has diversified crude procurement so that about 70% of crude imports are now coming via routes outside the Strait of Hormuz, compared with about 55% earlier.
Context
What exactly does the government say is driving the hit to India’s natural gas supply?
Officials said foreign suppliers have invoked force majeure amid the West Asia conflict, impacting a portion of imported gas supply and translating into about 25% of India’s daily natural gas requirement being affected. Hindustan Times cnbctv18.com
What steps are officials describing to manage the shortfall and prevent a wider fuel crunch?
Officials said gas companies have procured LNG cargoes from new sources and that two LNG cargoes are en route, while crude procurement has been diversified so more supplies bypass the Strait of Hormuz. They also said refineries were directed to maximize LPG output, lifting domestic LPG production by about 25%, and urged households not to panic-book cylinders as the normal delivery cycle is being maintained. cnbctv18.com Business Standard Business Standard Hindu
Are there signs of LPG supply stress inside India despite the government’s assurances?
Reporting described tightening LPG availability affecting commercial users such as restaurants, alongside public concern reflected in queues at cooking-gas dealers in some places. BBC
The receipts — all 47 sources
Wire services (2)
Independent coverage (45)
Facts first. Then every angle.
The day’s biggest stories in one short brief — the facts everyone agrees on, then the competing values behind the headlines. Free in your inbox.