South Asia LNG demand to fall 6 million tonnes amid Middle East conflict

South Asia LNG demand to fall 6 million tonnes amid Middle East conflict

South Asia's LNG demand is set to drop by about 6 million tonnes in 2026, reversing a forecast 7% growth, as Middle East conflict disrupts Strait of Hormuz shipments, Wood Mackenzie says. India shielded city gas by cutting fertiliser, refinery and industrial supply, while Pakistan and Bangladesh, heavily reliant on Qatari and UAE supplies, faced steeper shortages and higher prices.

Source: Telegraph India

More in Business & Finance

Read the live feed on ZapIndies