India gas target 2030 may need a major revision due to disruptions in global LNG supply caused by the ongoing conflict in West Asia, according to noted energy expert Kirit Parikh. He also suggested reducing domestic gas consumption and exploring alternative energy sources to maintain economic stability. India Gas Target 2030 Faces Reality Check India…
Celsius Tankers has expanded its LNG fleet with a fresh shipbuilding order. The company, part of Denmark-based Celsius Shipping, has contracted South Korea’s Samsung Heavy Industries for a new LNG carrier. The vessel will have a cargo capacity of 180,000 cubic metres. Moreover, the deal strengthens Celsius Tankers’ long-term expansion strategy in the LNG shipping…
India LPG imports may decline sharply this week. Rising tensions in the Middle East have disrupted shipping routes near the Strait of Hormuz. As a result, several LPG cargoes are stranded. According to market analytics firm Vortexa, multiple India LPG imports vessels are waiting near Ras Laffan. Some ships are avoiding the Strait of Hormuz…
Asia oil and LNG imports are under growing pressure as tensions rise in the Middle East. The region supplies a major share of crude oil and liquefied natural gas to Asian economies. If the conflict widens, Asia oil and LNG imports could face prolonged disruption through the Strait of Hormuz. Here is a country-wise analysis…
India, one of the world’s largest buyers of liquefied natural gas (LNG), recorded a decline in LNG imports during April 2026. The drop came as geopolitical tensions in the Middle East disrupted supplies from key exporters. LNG imports April 2026 Decline According to data from India’s Ministry of Industry and Trade, India LNG imports stood…
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….
South Asia LNG infrastructure plans are facing serious risks due to high LNG prices, project delays, and recent supply disruptions linked to tensions around Iran and the Strait of Hormuz, according to a new report by Global Energy Monitor (GEM). The March 2026 energy shock has raised fresh concerns over the reliability and affordability of…
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…
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…
