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GNFC's Neem Urea Production Affected by West Asia Conflict's LNG Supply Disruption
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West Asia conflict hits GNFC's neem urea output: LNG supply curtailed
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CNBC TV18
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06-03-2026, 21:15
West Asia conflict hits GNFC's neem urea output: LNG supply curtailed
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GNFC warns neem urea production may be affected due to curtailed re-gasified liquefied natural gas (RLNG) supply.
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GAIL (India) Limited, GNFC's RLNG supplier, issued a force majeure notice citing transit constraints amid the West Asia conflict.
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RLNG allocation to GNFC is restricted to 60% of Daily Contracted Quantity (DCQ) with effect from March 6, 2026.
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Neem urea production relies heavily on natural gas as a key feedstock; other products remain unaffected.
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Financial impact is currently unestimable; GNFC shares closed down 0.94% at ₹429.05 on NSE.
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