Egypt Damietta Port Explosion Hits LNG Vessels
An Egypt Damietta Port explosion damaged two liquefied natural gas (LNG) vessels after a blast…
An Egypt Damietta Port explosion damaged two liquefied natural gas (LNG) vessels after a blast triggered a fire at the Mediterranean port. Authorities are investigating the incident, while maritime security firms believe a drone attack may have caused the explosion. Egyptian officials have not confirmed the exact cause. However, the incident has increased concerns over…
Indian Oil Corporation (IOC) plans to acquire ownership stakes in Very Large Gas Carriers (VLGCs) as it prepares to increase imports of liquefied petroleum gas (LPG) from the United States. The move marks the first time an Indian refiner has sought partial ownership of LPG carriers. The strategy aims to reduce freight costs, strengthen supply…
India LPG imports from US suppliers are expected to surpass 1 million metric tons in June 2026, marking a record high as the country seeks to offset supply disruptions caused by the Strait of Hormuz crisis. The sharp increase in purchases highlights India’s efforts to secure cooking fuel supplies amid ongoing geopolitical tensions in West…
India LNG imports remained largely resilient despite a major disruption to global energy markets caused by the Strait of Hormuz crisis, according to an analysis by S&P Global Energy. While the crisis resulted in a 17% disruption to global liquefied natural gas (LNG) supplies, India’s diversified sourcing strategy helped limit the impact on domestic imports….
The India energy import bill surged in May 2026 as higher global oil and gas prices pushed up the cost of crude oil and LNG purchases. Rising imports and supply disruptions in the Middle East also added pressure on the country’s trade balance. Crude and LNG Imports Increase India’s crude oil imports rose by 7.5%…
India LNG imports declined sharply in May 2026 as conflict in West Asia disrupted energy shipments through the Strait of Hormuz. Lower import volumes also reduced the country’s dependence on overseas natural gas supplies. LNG Imports Decline in May Data from the Petroleum Planning and Analysis Cell (PPAC) showed that India imported 2.27 billion standard…
India, one of the world’s largest buyers of liquefied natural gas (LNG), recorded a decline in LNG imports during April 2026. The drop came as geopolitical tensions in the Middle East disrupted supplies from key exporters. LNG imports April 2026 Decline According to data from India’s Ministry of Industry and Trade, India LNG imports stood…
India achieved a major milestone in energy shipping as the Indian LNG Carrier Disha safely crossed the Strait of Hormuz. The vessel is the first Indian LNG tanker to use the strategic route since the recent Middle East conflict began. Indian LNG Carrier Disha Carries LNG to Dahej The Indian LNG Carrier Disha is carrying…
India is taking a significant step toward building a competitive and efficient natural gas market with the proposed India Natural Gas Pipeline Access Code 2025. The new regulatory framework aims to improve transparency, strengthen pipeline operations, and support the country’s growing national gas grid. The updated code replaces the 2008 pipeline access regulations and aligns…
India is facing a growing LNG supply crisis as companies struggle to secure spot cargoes amid volatile prices and repeated tender cancellations. This situation is now raising serious concerns for fertilizer production and industrial supply chains. India LNG Supply Crisis Intensifies Indian companies are finding it difficult to procure urgently needed LNG cargoes. The problem…