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- LNG Supply Resumes From Hormuz Strait Post Ceasefire; Industries Get Relief
New Delhi16 minutes ago
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The supply of Liquefied Natural Gas (LNG) in the country has now become normal. The Central Government has withdrawn the orders of ‘Emergency Natural Gas Supply Regulation Order’ implemented in the country during the US-Israel and Iran war. LNG is used more in industries, so this decision will provide relief to the industries.
This decision has been taken after the ceasefire in West Asia and the movement of Liquefied Natural Gas (LNG) ships through the Strait of Hormuz became normal again. The Ministry of Petroleum and Natural Gas has issued a new notification in this regard on Saturday.
Supply crisis occurred due to closure of Hormuz route, emergency order was implemented on March 9.
The Petroleum Ministry said that due to the US and Israeli attacks on Iran on February 28 and the subsequent retaliatory action by Iran, the supply of gas and oil from the Strait of Hormuz had come to a complete halt.
After this, many foreign suppliers had stopped the gas cargo coming to India or diverted it to other countries. To deal with this crisis, the government had issued an emergency order on 9 March 2026 to regulate the gas supply in the country under the Essential Commodities Act.
After the crisis was averted, the government withdrew all 3 emergency decisions.
Removing the ban on LNG supply is the third major step taken by the government. Before this, the government has withdrawn two more emergency decisions.
- Oil refineries were instructed to increase LPG production as much as possible by stopping petrochemical inputs, which has been lifted.
- The limit imposed on sale of diesel to bulk consumers has also been abolished.
Why is the closure of Hormuz Route dangerous for India?
India is the third largest oil importer and consumer country in the world. India buys about 88% of its crude oil and about 50% of natural gas (LNG) from other countries. 40-45% of India’s total crude oil import and about 65% of total LNG supply comes from West Asia i.e. Gulf countries.
Most of the LNG comes from Qatar, whose ships must pass through the Strait of Hormuz. This is the reason why even the slightest tension on this route leads to the danger of fuel crisis in India.
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