India's strategic gas storage: LNG buffer mandate for terminals in the works | TheBriefWire
India's strategic gas storage: LNG buffer mandate for terminals in the works
Published 7 July 2026 ยท politics
The disruption to LNG shipments through the Strait of Hormuz during the Iran conflict highlighted India's exposure to supply disruptions, prompting the government to revisit
The disruption to LNG shipments through the Strait of Hormuz during the Iran conflict highlighted India's exposure to supply disruptions, prompting the government to revisit the idea of creating strategic gas reserves. Policymakers are evaluating a plan under which LNG terminal operators would be required to expand storage capacity at their existing import facilities.
Published: July 7, 2026 โข 1:35 PM IST ยท Updated: July 7, 2026 โข 2:02 PM ISTBy TheBriefWire Editorial Team
Key points
The disruption to LNG shipments through the Strait of Hormuz during the Iran conflict highlighted India's exposure to supply disruptions, prompting the government to revisit the idea of creating strategic gas reserves.
Policymakers are evaluating a plan under which LNG terminal operators would be required to expand storage capacity at their existing import facilities.