New Delhi, March 10 -- The Liquefied Natural Gas (LNG) supplies to Asia are unlikely to face long-term disruption despite recent geopolitical tensions and shipping challenges in West Asia, although delays in deliveries are inevitable, a government source said.

"So, long run the supplies are not going to be disrupted, I am sure. But there is going to be a lead time. You can't help it," the government source said.

The source said the recent surge in Asian LNG prices and supply disruptions have altered the economics of global gas trade, making shipments from more distant suppliers commercially viable despite higher transportation costs.

"Now, the Asian price has gone up to 15 and the production has also stopped. Once the Asian price goes ...