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…
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….
India LNG supply remains stable, and the government has confirmed that there is currently no shortage of LPG or liquefied natural gas in the country. Officials said India has sufficient stocks of crude oil and natural gas, while fresh supplies are arriving regularly. Government sources stated that India’s energy position remains comfortable. Authorities are also…
Indian LNG supply remains largely stable despite the recent missile attack on QatarEnergy’s Ras Laffan LNG complex. However, short-term disruptions are tightening availability and pushing LNG prices higher in the Indian market. Indian LNG Supply Unaffected Despite Ras Laffan Capacity Loss The missile attack damaged export capacity equivalent to 12.8 million tonnes per year (mn…
The Export-Import Bank of the United States (US Exim) has signed a US$400 million export insurance agreement to support liquefied natural gas (LNG) shipments from the United States to Turkey. The move highlights growing global demand for US LNG and strengthens energy cooperation between the two countries. Hartree Partners to Supply US LNG to Turkey’s…
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…
