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.
