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…
LPG price hike India has pushed the cost of domestic cooking gas higher after the government increased the price of a 14.2-kg cylinder by Rs 60. The increase reflects rising global energy prices triggered by geopolitical tensions in West Asia. With this revision, LPG price hike India will raise the cost of a domestic cylinder…
India is taking a significant step toward building a competitive and efficient natural gas market with the proposed India Natural Gas Pipeline Access Code 2025. The new regulatory framework aims to improve transparency, strengthen pipeline operations, and support the country’s growing national gas grid. The updated code replaces the 2008 pipeline access regulations and aligns…
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…
PNG gas supply India is under focus as the West Asia conflict raises concerns. However, the country’s piped gas network is expected to remain stable in the short term. At present, immediate disruption to gas supply India is unlikely, but rising prices and indirect effects are expected if tensions continue. What is PNG and How…
Africa’s rapidly expanding liquefied natural gas sector will take centre stage at the Invest in African Energy (IAE) Forum in Paris this April, as governments and energy companies showcase major projects to global investors. The event is expected to highlight Africa LNG projects, gas commercialisation strategies, and export opportunities that are reshaping the continent’s energy…
India LNG imports remained largely resilient despite a major disruption to global energy markets caused by the Strait of Hormuz crisis, according to an analysis by S&P Global Energy. While the crisis resulted in a 17% disruption to global liquefied natural gas (LNG) supplies, India’s diversified sourcing strategy helped limit the impact on domestic imports….
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…
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…
The Hormuz LNG price impact is expected to intensify as Patrick Pouyanné, CEO of TotalEnergies, warned that liquefied natural gas (LNG) prices could rise sharply if the Strait of Hormuz remains closed. Speaking at the CERAWeek conference in Houston, he said LNG prices could reach “very high” levels by summer and early autumn. LNG Price…
