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GAIL Warns of Gas Cuts: West Asia Turmoil Blocks 30% LNG Imports via Strait of Hormuz
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GAIL Warns of Gas Cuts: West Asia Turmoil Blocks 30% LNG Imports via Strait of Hormuz
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News18
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05-03-2026, 18:45
GAIL Warns of Gas Cuts: West Asia Turmoil Blocks 30% LNG Imports via Strait of Hormuz
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GAIL (India) Ltd warns of natural gas supply cuts to customers as 30% of India's imported LNG shipments are blocked.
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Escalating military conflict in West Asia, including US and Israeli strikes on Iran, led to Iran's warning on the Strait of Hormuz.
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The Strait of Hormuz, a critical global energy chokepoint, saw insurers withdraw war-risk coverage and shipping lines suspend movements.
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GAIL's LNG supplier issued a force majeure notice, reducing allocation to zero from March 4, 2026, impacting 60 mmscmd of gas.
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India plans to prioritize critical sectors like fertilizer, cooking gas, and power generation, while seeking alternate LNG sources.
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