India Faces Multi-Year LNG Supply Disruption But No Clear Replacement Plan Yet
✍️ Written by Saket Suman India’s LNG import architecture has been hit by a major disruption that could last three to five years as 47% of its LNG imports sourced from Qatar are now exposed to prolonged supply shocks after missile strikes have cut Qatar’s export capacity by 17% , caused an estimated $20 billion in annual losses , and forced the declaration of force majeure on long-term contracts . File Photo of the Russian LNG tanker Arctic Metagaz, which suffered a massive explosion in the Mediterranean earlier this month; Via: OpenSourceIntel An IndianRepublic.in analysis of official disclosures issued within hours by New Delhi and Doha on Thursday points to a widening policy gap, with the Government of India yet to articulate a detailed procurement roadmap, volume replacement strategy or cost framework , stating only that it will pursue diversification without specifying how much supply will be sourced, from where, and at what e...