New Delhi, March 23 -- India imports around 50% of its liquefied natural gas (LNG) requirements from West Asia, and most of it is sourced from Qatar. With the ongoing blockade of the Strait of Hormuz and attacks on Ras Laffan industrial City, a large chunk of India's imports are halted. This supply crunch may impact several downstream industries in India including fertilizers and steel. Mint takes a look at the impact of war on the country's gas supplies.
About 20% of global LNG supplies come through the Strait of Hormuz, which has almost come to a halt since the war started on 28 February and the eventual blockade of the strait. The attacks on the Ras Laffan industrial city and LNG project of QatarEnergy has significantly hit the produc...
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