European propane prices surged by more than $100 per tonne on Monday as tensions in the Middle East raised fears of supply disruption. The sharp rally in European propane prices reflects growing concern over shipping risks near the Strait of Hormuz. The move significantly outpaced gains in crude oil, underlining strong bullish momentum in the…
The Hormuz Energy Supply Risk has raised concerns in global energy markets amid the ongoing West Asia crisis. However, India’s energy supplies remain stable despite the uncertainty. Union Petroleum and Natural Gas Minister Hardeep Singh Puri said that India’s energy imports are continuing smoothly through non-Hormuz routes. According to the minister, the country currently faces…
The India LPG crisis has intensified as imports dropped sharply to 765,000 tonnes in March, down from 2.05 million tonnes in February, according to ship-tracking data from Kpler. The decline follows the disruption of energy flows due to the closure of the Strait of Hormuz, a critical route for India’s LPG imports. India LPG crisis Driven…
India LPG production has increased by around 10% as Indian refineries ramp up output amid concerns over commercial LPG shortages triggered by the ongoing West Asia conflict. According to government officials, refineries operated by Indian Oil, Bharat Petroleum, and Hindustan Petroleum have increased production to stabilise supply across the country. India LPG Production Increased to…
Rising geopolitical tensions between Iran and the United States have triggered fresh concerns over global energy security. For India, which depends heavily on imported fuel, the situation has prompted urgent discussions on safeguarding crude oil and liquefied natural gas (LNG) supplies. Strait of Hormuz Emerges as Key Risk India’s worries mainly revolve around the Strait…
India LPG demand continue to grow as the country expands household gas connections and boosts clean cooking fuel access. India LPG demand could also benefit from rising US LPG exports and evolving global trade routes, including a proposed pipeline project across Panama. Shipping experts say the pipeline plan is unlikely to disrupt LPG shipping demand and…
Greece LNG gateway Europe ambitions are gaining attention as Athens strengthens its position as a key liquefied natural gas entry point. With the European Union preparing to phase out Russian gas imports by 2027, Greece is leveraging infrastructure upgrades, LNG terminals, and regional pipelines to support Europe’s energy diversification. Athens Strengthens Role in Europe’s LNG…
India’s ongoing gas crisis is now driving a major India energy shift, as disruptions in the Middle East expose the risks of relying heavily on a single region for fuel supplies. What began as a supply shock has quickly turned into a strategic reset. With tensions rising around the Strait of Hormuz and production disruptions…
The Haldia LNG FSRU Project has received a major push with a new agreement signed at Syama Prasad Mookerjee Port, Kolkata. The port authority has signed a license agreement with East Horizon Pvt Ltd to establish an LNG floating storage and regasification facility at Haldia Dock Complex. The agreement was signed on March 6, 2026….
The GSPC Uniper LNG deal marks a major step in strengthening India’s long-term gas supply security. **Uniper SE and Gujarat State Petroleum Corporation (GSPC) signed a 10-year agreement for up to 0.5 MTPA LNG deliveries into India starting January 2028. Under this agreement, Uniper will supply LNG to GSPC through LNG terminals located on India’s…
