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India Curbs Industrial Gas Supply Amid Qatar Outage, Report States
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India Cuts Gas Supply to Industries After Qatar Halts LNG Production
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Moneycontrol
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03-03-2026, 15:11
India Cuts Gas Supply to Industries After Qatar Halts LNG Production
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India reduces natural gas supply to industries due to anticipated tighter supply from the Middle East.
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Qatar halted its liquefied natural gas production on Monday amidst Iran's retaliatory strikes on Gulf countries.
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The conflict has disrupted shipments through the Strait of Hormuz, escalating global energy prices and shipping costs.
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Indian companies like Petronet LNG Ltd, GAIL (India), and Indian Oil Corp informed customers of 10-30% supply cuts.
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To offset the shortfall, IOC, GAIL, and Petronet LNG are planning spot tenders despite surging costs.
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