GENERAL15 Sept 2026
LNG demand in India, China expected to recover when West Asia war ends
Fighting in West Asia has stopped Qatar and the United Arab Emirates from shipping most of their LNG through the Strait of Hormuz. Shell, the world's biggest LNG trader, says about 36 million tonnes has been lost this year. Indian buyers of liquefied natural gas face tighter supply, so review fuel contracts and pricing. Demand from India and China should recover once the war ends.
Key Statutory Highlights
- The West Asia conflict has prevented Qatar and the United Arab Emirates from exporting most of their LNG through the Strait of Hormuz.
- Shell, the world's biggest LNG trader, estimates the world has lost about 36 million tons of LNG from West Asia so far this year.
- LNG demand in India and China is expected to recover when the West Asia war ends.
Actionable Advice for Taxpayers / Founders:If your business buys natural gas or gas-based fuel, keep your contracts and monthly fuel budgets under review this year, and speak to your supplier before locking in long-term prices, since supply is expected to ease only after the conflict ends.
Statutory Disclaimer: TaxQue Shorts are AI-assisted editorial briefs for compliance awareness. This brief has not passed every source check; confirm the original notification before acting. This does not constitute formal legal or CA counsel.
TaxQue News Desk
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