Energy & Petrochemicals #lng#energy storage
India's strategic gas storage: LNG buffer mandate for terminals in the works - what it means
India is planning to require LNG terminal operators to create additional storage capacity as a strategic gas reserve, allowing cost recovery through higher regasification charges. The move follows supply disruptions through the Strait of Hormuz during the Iran conflict. Separately, India is diversifying LPG imports, with the US emerging as the largest supplier, and oil marketing companies are asked to prepare a roadmap for a 30-day strategic LPG reserve.
Jul 7, 2026 1 source