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GAIL, India's gas utility, is considering reducing its supply to customers following the Petronet LNG forced majeure

GAIL (India), a long-term natural gas supplier in India, said it would assess whether to reduce supplies after receiving a 'force majeure' notice from Petronet LNG. This was due to 'constraints placed on vessels by the Middle East conflict escalating.

India's imports from Qatar of liquefied gas have been affected by the U.S.-Israeli war against Iran.

After some vessels were 'hit', the fallout from U.S. and Israeli attacks on Iran has caused the transit of LNG through the Strait of Hormuz.

GAIL announced that, as of March '4, the allocation of LNG to GAIL from Petronet has been reduced to zero. The potential impact due to the force majeure cannot be quantified.

GAIL said that LNG from other suppliers and sources is not affected at this time, according to a stock exchange statement.

Petronet LNG is India's largest gas importer. It issued a notice of force majeure to its supplier QatarEnergy and local buyers such as GAIL?and Indian Oil Corp. after its LNG tanks were unable reach the LNG loading facility at Ras Laffan.

GAIL and IOC already reduce gas?supplies? to industrial customers, according to reports on Tuesday.

According to government statistics, India imported 27 millions metric tons LNG in 2024/25. This is about half its total gas consumption. Qatar is the largest supplier of LNG.

Separately, ONGC Petro Additions said it was operating its 'Dahej gas crinker in western 'India at a 'dramatically lower capacity due to falling supplies.

It said that lower run rates at Dahej cracker would impact downstream petrochemical facilities.

(source: Reuters)