INDIA’S natural gas consumption rebounded near pre-disruption levels in June 2026, driven by a steady recovery in industrial activity across key sectors.
According to a report by Equirus, major consumption segments — including fertilizers, city gas distribution, and industrial power — showed strong operational resilience.
However, elevated international spot prices and intensifying global competition for Liquefied Natural Gas (LNG) continue to pose challenges for the domestic market.
Analysts note that while demand trends remain encouraging, longterm stability will largely depend on volatile global energy markets and supply chain dynamics.
Meanwhile, India’s LNG sourcing has undergone a significant shift. The country imported around seven million tonnes during May-July, up 15 per cent year-on-year, despite a 91 per cent collapse in Qatar volumes.
The US emerged as the largest supplier, followed by Nigeria and Oman, reducing India’s immediate dependence on Qatar.
However, Equirus cautioned that stronger Chinese LNG buying is increasing competition for flexible cargoes. — ANI
#GlobalNewLightOfMyanmar