April 22, 2026 4:54 PM

Iran war conflict could create systemic gas demand destruction, says top sector official

The natural gas demand destruction currently resulting from the Iran war, as governments implement measures to mitigate the crisis, risks becoming structural if the conflict persists, the head of the Gas Exporting Countries Forum said on Wednesday. Since the Middle East crisis began at the end of February, more than 500 million barrels of crude and condensate have been knocked out of the global market, according to Kpler data - the largest energy supply disruption in modern history. Countries ...

April 2, 2026 9:10 PM

Six Indian Ships Cross Strait of Hormuz Safely, Says MEA

Six Indian-flagged ships carrying LPG, LNG and other cargo have safely crossed the Strait of Hormuz amid ongoing tensions in West Asia, the Ministry of External Affairs (MEA) said on Thursday. Addressing a weekly media briefing, MEA spokesperson Randhir Jaiswal said India remains in touch with Iran and other countries in the region to ensure safe and unimpeded transit of Indian vessels. He noted that discussions held over the past several days have helped facilitate the safe passage of six shi...

March 25, 2026 3:45 PM

No change in LPG refill booking timelines, Government clarifies amid misinformation

The Centre on Wednesday clarified that there has been no change in LPG refill booking timelines, dismissing reports and social media claims suggesting revised waiting periods for different categories of consumers. The Ministry of Petroleum & Natural Gas said certain news reports had falsely claimed that refill booking intervals had been altered to 45 days for PMUY connections, 25 days for non-PMUY single-cylinder users, and 35 days for double-cylinder connections. Refuting these claims, th...

March 25, 2026 2:54 PM

Govt reviews fuel supply, evacuation efforts amid West Asia crisis; urges vigilance against hoarding

The Centre on Tuesday said fuel supplies remain stable and evacuation efforts are progressing steadily amid the ongoing crisis in West Asia, even as it urged states to crack down on hoarding and black marketing of essential commodities. At an inter-ministerial media briefing held at the National Media Centre, senior officials from multiple ministries outlined measures taken to ensure uninterrupted supply of petroleum products, smooth maritime operations, and the safety of Indian nationals in th...

March 25, 2026 2:41 PM

QatarEnergy declares force majeure after missile strikes

QatarEnergy has declared force majeure on several long-term liquefied natural gas supply contracts following Iranian missile strikes on key facilities at Ras Laffan Industrial City. The disruption is expected to affect buyers in South Korea, China, Italy and Belgium. Iranian missiles struck Ras Laffan on March 18 and 19, damaging two LNG production trains and a gas-to-liquids facility. The attacks triggered fires and knocked out about 17 % of Qatar’s LNG export capacity ,roughly 12.8 million ...

March 3, 2026 5:12 PM

European gas prices soar more than 40% on LNG supply fears

Benchmark Dutch and British gas prices extended their gains for the second day in a row and rose more than 40% on Tuesday morning, as supply fears mounted after Iran and Israel stepped up attacks in the Middle East and Qatar halted production at its Ras Laffan liquefied natural gas plant, the world's biggest export facility. Europe has increased imports of LNG over the past few years as it seeks to phase out Russian gas following Russia’s invasion of Ukraine and will have to import more to fi...

August 28, 2025 4:11 PM

Indian Oil Set to Become ADNOC’s Largest LNG Customer

Abu Dhabi National Oil Company (ADNOC) has signed a 15-year Sales and Purchase Agreement with Indian Oil Corporation to supply one million tonnes per annum of liquefied natural gas from its lower-carbon Ruwais LNG project. Under the agreement, LNG will be delivered to ports across India, supporting the country's growing energy demand and enhancing its energy security. By 2029, Indian Oil will become ADNOC's largest LNG customer, with a total offtake of 2.2 million tonnes per annum, comprising 1...

June 17, 2025 10:58 AM

EU readies ban on Russian gas imports by end of 2027

The European Commission is set to propose on Tuesday a ban on EU imports of Russian gas and liquefied natural gas by the end of 2027, using legal measures to ensure the plan cannot be blocked by EU members Hungary and Slovakia. The proposals will set out how the European Union plans to fix into law its vow to end decades-old energy relations with Europe's former top gas supplier Russia, made after Moscow's 2022 full-scale invasion of Ukraine. An internal Commission summary of the upcoming prop...