Gas on the line: will the Iran war squeeze India's piped gas next?
Summary
The conflict in Iran is affecting India's gas supply, particularly India's liquefied petroleum gas (LPG) market. Despite concerns, India's domestic piped natural gas (PNG) supply remains stable due to a mix of local production and LNG imports, mostly from Qatar. The government is prioritizing supply to households and vehicles, even as some industrial users face cuts.Key Facts
- India is a major importer of liquefied natural gas (LNG).
- The conflict involving Iran has disrupted India's LPG market.
- India's PNG supply blends domestic production and imported LNG.
- Households and vehicles are prioritized for PNG supply by the government.
- Industrial and commercial users are facing a 20% gas supply cut.
- India has over 15 million PNG connections, mostly in homes.
- Qatar delivers over half of India's LNG imports through the Strait of Hormuz.
- LNG supplies continue, with tankers loaded before recent tensions still reaching India.
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