Thursday, 29 October 20262:40 pm ISTIndia edition

सच, सीधे आप तक

Book ad space

Just in

Business

India’s Record LNG Buying Meets Record-High Prices

Image: Oil Price. Rights remain with the publisher.

India has spent years bringing more households and businesses onto its gas networks. Now, with domestic production declining, supplying those customers means buying more LNG from a market where prices have tripled in a year. Imports are nevertheless heading for a record this October.

India’s LNG supply mix has changed a lot since the US-Iran war began in late February 2026. Qatar previously supplied roughly 45% of India’s 24.9 million tonnes of LNG imports in 2025. Its near-disappearance from the market drove a steep decline in Indian…

Read the full report on Oil Price

Story file

Section
Business
Topics
Economy & RBI
First reported by
Oil Price
Reporter
natalia katona
Published
Thursday, 29 October 2026, 1:30 am IST
Coverage
One outlet so far

How this page works. The Headline Update lists this report from Oil Price with a short summary and a link to the original. The original reporting and photograph belong to the publisher. Spotted an error in our summary? Tell our corrections desk.

Related stories

More Business news

See all