Source: Reuters (via feed)
India has invoked emergency measures to divert gas supplies from non-priority sectors to key users. This action follows the disruption of liquefied natural gas shipments through the Strait of Hormuz, according to a government notification.
The notification references the invocation of force majeure due to the disruption. It specifies diversion of gas supplies to key sectors but does not provide further details about the scope or duration of the measures.
The government’s step is in response to the shipping disruption affecting LNG imports.
BizTrendWire Insight:
The gas supply diversion affects sectors identified as key users by the government. The action follows LNG shipment interruptions through the Strait of Hormuz.
The gas supply diversion affects sectors identified as key users by the government. The action follows LNG shipment interruptions through the Strait of Hormuz.
