Why attack on Qatar's infra in Ras Laffan is bad news for India
New Delhi, March 20 -- Iran's attack on Qatar's energy infrastructure at Ras Laffan industrial city in retaliation for an Israeli strike on the Iranian South Pars gas facility is bad news for India, with over 88% import dependence on crude oil and about 50% on gas. The war had already disrupted India's gas imports from its single-biggest supplier, Qatar, which supplied about one-third of its total liquefied petroleum gas (LPG) and about half of its liquefied natural gas (LNG) imports.
Earlier, the disruption was mainly because of transportation issues due to the blockage of the Strait of Hormuz, a relatively temporary cause of concern. Now, the damage of Ras Laffan Gas-to-Liquids facility is a bigger worry because restoring it would take time even after the conflict in the region is over.
Even after the war ends or eases, problems for India will depend on the extent of damage done by the Iranian strike at Ras Laffan because LNG and PNG supplies from there would depend on the time taken to repair its facilities.
Indian firms such as Petronet LNG Ltd (PLL), GAIL India, and GSPC have long-term commercially beneficial gas supply contracts with Qatar.
Qatar also supplied about 5 million metric tonnes of LPG to Indian firms, including oil marketing companies (OMCs). According to official data, Qatar is the largest LNG supplier to India. In 2024-25, it supplied LNG worth $6.39 billion. Qatar is also the largest supplier of LPG to India....
To read the full article or to get the complete feed from this publication, please
Contact Us.