Branch2 Intelligence
Govt Withdraws Emergency Gas Supply Curbs As LNG Shipments Resume Via Strait of Hormuz
Key takeaway
India lifts emergency gas curbs after LNG shipments resume via Strait of Hormuz ceasefire.
- Step 11st-order: Ceasefire allows LNG tankers to resume transit through Strait of Hormuz, ending supply disruption.
- Step 22nd-order: India lifts emergency gas curbs; GAIL and Petronet LNG ramp up imports and terminal utilization.
- Step 33rd-order: Global LNG spot prices decline as supply fears recede, benefiting gas-importing regions.
Source: IN:NDTV Profit
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