Branch2 Intelligence
India lifts gas supply curbs as LNG shipments through Strait of Hormuz resume
Key takeaway
India lifts gas supply curbs as LNG shipments via Strait of Hormuz resume, easing energy supply concerns.
- Step 11st-order: Resumption of LNG shipments through Strait of Hormuz ends supply disruption.
- Step 22nd-order: India lifts gas supply curbs, improving feedstock availability for GAIL and Petronet LNG.
- Step 33rd-order: Lower gas prices and higher utilisation benefit downstream industries and reduce input costs.
Source: IN:The Hindu BusinessLine
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