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India has reportedly turned down Russia’s offer to sell liquefied natural gas (LNG) cargoes that are under US sanctions, despite rising energy concerns linked to tensions in the Middle East.The decision has left at least one Russia-linked LNG shipment stranded near Singapore while discussions continue over what supplies India can legally purchase.According to a Reuters…
The Middle East crisis has set off a global energy strain, with countries rushing to lock in fuel supplies to shield themselves from a potential blowout. Pakistan, however, is taking a risky route, choosing to skip urgent LNG purchases and betting that disruptions in the Strait of Hormuz will ease sooner rather than later, while…
New Delhi: Bharat Petroleum Corporation Ltd (BPCL) on Thursday said the Mozambique LNG project has achieved 42% completion following resumption of work after force majeure condition was lifted in Nov 2025.Located in Offshore Area 1 Concession in Mozambique and operated by French energy giant TotalEnergies, an investment of around $20 billion is estimated for the…
Iran has closed the Strait of Hormuz again. (AI image) Open, closed, closed but open – the Strait of Hormuz has become the center of the ongoing US-Iran conflict and its blockade a key factor in pressure tactics from both sides. The Strait of Hormuz is a critical channel for nearly one-fifth of global oil…
A Russian liquefied natural gas cargo from the Portovaya plant on the Baltic Sea is currently en route to India, with the vessel Kunpeng expected to arrive at the Dahej LNG terminal. This is according to LSEG shipping data on Wednesday.If delivered, it would mark the first such shipment to India from a US-sanctioned Russian…
NEW DELHI: Seventeen India-bound ships — both Indian- and foreign-flagged — carrying energy products are waiting on the west of the Strait of Hormuz. TOI has learnt that while four of these are loaded with LPG, three are carrying LNG and remaining 10 have crude oil loaded in them.So far, eight Indian vessels carrying LPG…
NEW DELHI: Govt has announced to increase gas supply to urea plants to approximately 90% of their average consumption from Monday, a move that will push productivity to ensure enough availability of the most-used soil nutrient during the upcoming Kharif, and subsequent, Rabi crop season.Currently, the supply of LNG to urea plants is around 70-75%…
Russia on Friday highlighted its deepening energy partnership with India, saying that Moscow can ramp up energy supplies to the Indian market amid the ongoing energy crisis triggered by Middle East war. During his visit to India, Russia’s first deputy chairman Denis Manturov said that Moscow’s companies are capable to enhance supplies of oil and…
India imports a big portion of its LPG and LNG needs and has been looking to step up procurement from alternative sources. (AI image) Amid Strait of Hormuz-linked supply disruptions, India has reportedly sought a waiver from the US for buying liquified natural gas (LNG) from Russia. According to a Reuters report, India has approached…
Around 80% of Qatar’s LNG exports are directed to Asia, but higher prices are forcing India to look for alternative supplies. (AI image) The US-Iran war has had far reaching implications beyond the immediate rise in global oil and gas prices. The Middle East conflict has led to hits on key energy infrastructure in Gulf…
