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 17, 2026 5:12 PM

Centre pushes PNG adoption amid West Asia tensions, seeks states’ support

Amid ongoing tensions in West Asia and rising concerns over energy supplies, the Ministry of Petroleum and Natural Gas has outlined a series of measures to accelerate the adoption of Piped Natural Gas (PNG) and expand city gas infrastructure across the country. Addressing an inter-ministerial press briefing on Tuesday, Sujata Sharma, Joint Secretary in the ministry, said that while crude oil and fuel supplies remain adequate, LPG availability continues to be an area of concern. “Petrol and d...

March 16, 2026 5:08 PM

No fuel dry-outs reported in India; crude stocks adequate, LPG supply under monitoring: Government

The Ministry of Petroleum and Natural Gas on Monday assured that fuel supplies across India remain stable, with adequate crude oil availability and no reports of dry-outs at petrol pumps or LPG distributorships. In response to US and Israeli attacks, Iran has shut the Strait of Hormuz, a key maritime chokepoint through which about 20% of the world’s oil and liquefied natural gas supplies pass. Speaking at an inter-ministerial press briefing, Sujata Sharma, Joint Secretary in the ministry, sa...

March 16, 2026 10:44 AM

‘Already yielding results’: Jaishankar backs direct dialogue with Tehran to secure Indian tankers in Strait of Hormuz

External Affairs Minister S. Jaishankar has emphasised the importance of direct dialogue with Tehran to ensure the safe movement of Indian vessels through the Strait of Hormuz, as India works to safeguard its energy security amid escalating tensions in the Middle East. In an interview with the Financial Times, the minister said New Delhi is actively engaging with Iran to facilitate the reopening of the strategically vital waterway, through which nearly 20 per cent of the world’s oil trade pas...

March 16, 2026 10:44 AM

Government steps up fuel supply monitoring, maritime safety measures amid West Asia conflict

The Centre has intensified monitoring of fuel supplies, maritime operations and the welfare of Indian nationals in the region amid evolving developments in West Asia. Authorities said adequate arrangements are in place to ensure uninterrupted availability of petroleum products and LPG across the country while maintaining the safety of Indian seafarers and citizens abroad. LPG Policy Changes to Optimise Supply To ensure better availability of LPG, the government has amended the LPG Control Orde...