Qatar is the largest exporter of LPG to India, supplying up to 34 per cent of the country's imports, valued at $4.04 billion. The UAE follows as the second-largest supplier. India imports 60 per cent of its LPG, mostly from the Middle East.


Qatar is the largest exporter of LPG to India, supplying up to 34 per cent of the country's imports, valued at $4.04 billion. The UAE follows as the second-largest supplier. India imports 60 per cent of its LPG, mostly from the Middle East.

Who is the largest exporter of LPG to India?

Qatar on Tuesday (Mar 10) accused Iran of sustained targeting of its civilian infrastructure, claiming that its forces intercepted a new missile attack. The Gulf state stated that the apology of Iranian President Masoud Pezeshkian had “not translated into action” as multiple loud explosions were reported in Doha.&nbsp;“The targeting of civilian infrastructure continues, and we rebuke any justification that the Iranians are offering for these attacks,” Qatar's foreign ministry spokesman Majed al-Ansari said, without specifying which civilian facilities had been targeted in Qatar.&nbsp;Qatar's foreign ministry described the attacks on energy facilities as a “dangerous precedent.” It warned that attacks on regional energy infrastructure during the West Asia war would be felt economically throughout the world.&nbsp;“The attacks on energy facilities that have happened, also on both sides, are a dangerous precedent. It will cause repercussions throughout the world,” the spokesman added.&nbsp;Doha expressed its willingness to talk with Tehran, saying “communication between Qatar and Iran has not been cut”, adding that for the Gulf state, all "conflicts can be solved at the negotiating table, but Qatar can't mediate when it is being attacked by Iran.”&nbsp;Communications are underway with all parties to ensure there is a way out of this conflict, the foreign ministry said, adding that “a viable solution would be to stop attacks on our energy facilities.”&nbsp;These developments come as the war in West Asia entered its 11th day, causing upheaval in energy markets across the world as global oil prices jumped above $100 per barrel for the first time since the start of the Russia-Ukraine war in 2022, marking more than a 50 per cent increase since the start of joint US-Israeli military strikes in Iran on February 28.&nbsp;Also Read: <a href="https://www.wionews.com/world/world-s-largest-oil-company-ceo-warns-of-catastrophic-consequences-of-iran-war-as-nations-impose-emergency-measures-1773141477127">World’s largest oil company CEO warns of 'catastrophic consequences' of Iran war as nations impose emergency measures</a>&nbsp;The strikes, codenamed Operation Roaring Lion by Israel and Operation Epic Fury by the United States, targeted government buildings, military installations, and suspected nuclear facilities, while aiming to decapitate the highest levels of Iranian leadership. The strikes resulted in the killing of Supreme Leader Ayatollah Ali Khamenei on the first day of the campaign.&nbsp;In retaliation, Iran targeted US military bases and strategic locations across Gulf nations, including Qatar, the UAE, Saudi Arabia, and Oman, leading to disruptions across the region. Moreover, Tehran has effectively halted shipping through the Strait of Hormuz, a vital artery for about 20 per cent of the world’s oil supply. In response, major producers such as Iraq, Kuwait, and the UAE have been forced to cut production as their storage tanks reach capacity with limited export routes.&nbsp;(Disclaimer: WION takes utmost care to accurately and responsibly report ongoing conflicts in West Asia involving Israel, Iran, US, Gulf nations and non-state actors like Hezbollah, Hamas, Houthis, Islamic State, and others. Claims and counterclaims, disinformation and misinformation are being made online and offline. Given this context, WION cannot independently verify the authenticity of all statements, social media posts, photos and videos.)&nbsp;

Qatar's foreign ministry described the attacks on energy facilities as a “dangerous precedent.” It warned that attacks on regional energy infrastructure during the West Asia war would be felt economically throughout the world.

Qatar on Tuesday (Mar 10) accused Iran of sustained targeting of its civilian infrastructure, claiming that its forces intercepted a new missile attack. The Gulf state stated that the apology of Iranian President Masoud Pezeshkian had “not translated into action” as multiple loud explosions were reported in Doha. “The targeting of civilian infrastructure continues, and we rebuke any justification that the Iranians are offering for these attacks,” Qatar's foreign ministry spokesman Majed al-Ansari said, without specifying which civilian facilities had been targeted in Qatar. Qatar's foreign ministry described the attacks on energy facilities as a “dangerous precedent.” It warned that attacks on regional energy infrastructure during the West Asia war would be felt economically throughout the world. “The attacks on energy facilities that have happened, also on both sides, are a dangerous precedent. It will cause repercussions throughout the world,” the spokesman added. Doha expressed its willingness to talk with Tehran, saying “communication between Qatar and Iran has not been cut”, adding that for the Gulf state, all "conflicts can be solved at the negotiating table, but Qatar can't mediate when it is being attacked by Iran.” Communications are underway with all parties to ensure there is a way out of this conflict, the foreign ministry said, adding that “a viable solution would be to stop attacks on our energy facilities.” These developments come as the war in West Asia entered its 11th day, causing upheaval in energy markets across the world as global oil prices jumped above $100 per barrel for the first time since the start of the Russia-Ukraine war in 2022, marking more than a 50 per cent increase since the start of joint US-Israeli military strikes in Iran on February 28. Also Read: World’s largest oil company CEO warns of 'catastrophic consequences' of Iran war as nations impose emergency measures The strikes, codenamed Operation Roaring Lion by Israel and Operation Epic Fury by the United States, targeted government buildings, military installations, and suspected nuclear facilities, while aiming to decapitate the highest levels of Iranian leadership. The strikes resulted in the killing of Supreme Leader Ayatollah Ali Khamenei on the first day of the campaign. In retaliation, Iran targeted US military bases and strategic locations across Gulf nations, including Qatar, the UAE, Saudi Arabia, and Oman, leading to disruptions across the region. Moreover, Tehran has effectively halted shipping through the Strait of Hormuz, a vital artery for about 20 per cent of the world’s oil supply. In response, major producers such as Iraq, Kuwait, and the UAE have been forced to cut production as their storage tanks reach capacity with limited export routes. (Disclaimer: WION takes utmost care to accurately and responsibly report ongoing conflicts in West Asia involving Israel, Iran, US, Gulf nations and non-state actors like Hezbollah, Hamas, Houthis, Islamic State, and others. Claims and counterclaims, disinformation and misinformation are being made online and offline. Given this context, WION cannot independently verify the authenticity of all statements, social media posts, photos and videos.)

Qatar's foreign ministry described the attacks on energy facilities as a “dangerous precedent.” It warned that attacks on regional energy infrastructure during the West Asia war would be felt economically throughout the world.

‘Dangerous precedent’: Qatar slams Iran over repeated missile attacks on water and energy sites

Qatar has halted the liquefaction of natural gas and declared force majeure on exports after missile and drone strikes from Iran damaged key energy facilities amid the Islamic Republic’s ongoing conflict with the US and Israel. Qatar's gas production and supply shutdown coincides with disruptions to tanker traffic in the Strait of Hormuz, a key route handling about 20 per cent of global LNG trade, worsening the supply crunch.<h2>Qatar halts liquefaction of gas</h2>State-owned QatarEnergy shut down liquefaction operations on Wednesday (4 March) at Ras Laffan Industrial City, the world’s largest LNG export hub, and Mesaieed Industrial City following the Iranian attacks. Liquefaction is the industrial process of cooling natural gas to about -162 degrees Celsius to convert it into liquefied natural gas. LNG takes up about 1/600th the volume of gaseous natural gas, making it easier and more economical to store and transport using specialised ships to global markets.&nbsp;Qatar, one of the world’s largest LNG producers, relies heavily on the liquefaction process at facilities such as Ras Laffan Industrial City to export gas.<h2>Force majeure declared on Qatar gas supplies</h2>Force majeure is a standard mechanism in energy contracts used to handle “acts of God” or geopolitical crises. It is a legal clause that excuses a party from fulfilling its contractual obligations if an unforeseen and uncontrollable event such as war, natural disasters or strikes prevents it from doing so. QatarEnergy has formally notified buyers that it cannot deliver contracted LNG shipments due to external disruptions, without facing penalties or legal liability. Force majeure therefore allows the company to suspend LNG delivery obligations because of the extraordinary circumstances.<a href="https://www.wionews.com/videos/breaking-qatar-begins-evacuating-residents-near-us-embassy-after-iranian-strikes-1772683204311/embed">https://www.wionews.com/videos/breaking-qatar-begins-evacuating-residents-near-us-embassy-after-iranian-strikes-1772683204311/embed</a><h2>Qatar gas supply halt will hit India, Pakistan and Bangladesh hard</h2>Qatar supplies nearly half of India’s annual LNG imports of around 27 million tonnes. India’s city gas distribution sector, which relies on LNG for compressed natural gas (CNG) and piped cooking gas, could face a crisis with supply cuts of up to 40 per cent if alternatives are not secured fast enough. India is seeking cargoes from the spot market, where prices have surged by up to 50 per cent and shipping rates have doubled to about $200,000 per tanker. If the situation persists, inflation and disruption to industrial output could follow.Bangladesh depends on Qatar and the UAE for nearly 72 per cent of its LNG imports. Severe shortages could lead to prolonged power outages in the country and greater use of coal. Bangladesh may also need to import more electricity from India to mitigate the impact.Nearly all of Pakistan’s LNG imports come from Qatar and the UAE, making it extremely vulnerable to supply disruptions from Gulf producers. Increasing domestic natural gas production and reducing regasification demand are possible responses. Greater use of solar energy could help prevent daytime power cuts, but overall shortages could still lead to outages and economic strain for Pakistan.Also read:<a href="https://www.wionews.com/world/meanwhile-us-oil-production-surpasses-saudi-russia-combined-natural-gas-output-crosses-total-of-russia-china-and-iran-1772641899332"> Meanwhile, US oil production surpasses Saudi, Russia combined; natural gas output crosses total of Russia, China and Iran</a><h2>How global LNG supplies will be hit by Qatar moves</h2>The shutdown will be a major shock to global energy markets as Qatar supplies roughly 20 per cent of the world’s LNG. The crisis has already pushed up gas prices in Europe and Asia by as much as 93 per cent.Asia, which accounts for nearly 82 per cent of Qatar’s LNG exports, will be the hardest hit, particularly Japan, South Korea and China besides India, Pakistan and Bangladesh.European buyers including the UK, Italy and Belgium also face supply pressure and higher prices.Analysts said other major producers such as the US and Australia, have limited spare capacity to quickly replace Qatar’s lost exports.Also read: <a href="https://www.wionews.com/world/india-has-25-days-of-fuel-stock-japan-refiners-plead-to-open-strategic-reserves-oil-importing-nations-scramble-as-iran-conflict-causes-supply-woes-1772715167936">India has 25 days of fuel stock, Japan refiners plead to open strategic reserves: Oil-importing nations scramble as Iran conflict causes supply woes</a><h2>When is Qatar LNG supply likely to resume?</h2>The halt in liquefaction is intended to allow initial repairs and safety checks at the affected production facilities. Reports say this process is expected to take at least two weeks.&nbsp;Another two weeks will likely be required to restore full production after liquefaction resumes. In total, the supply disruption could last around one month or longer.Disclaimer: WION takes utmost care to accurately and responsibly report ongoing conflicts in West Asia involving Israel, Iran, US, Gulf nations and non-state actors like Hezbollah, Hamas, Houthis, Islamic State, and others. Claims and counterclaims, disinformation and misinformation are being made online and offline. Given this context, WION cannot independently verify the authenticity of all statements, social media posts, photos and videos. &nbsp;

Amid the Iran conflict, Qatar halted LNG production and declared force majeure on gas trade. The shutdown threatens global supply, sending prices soaring and hitting major importers in Asia and Europe. India, Pakistan and Bangladesh are among countries that would be hit hard

Qatar has halted the liquefaction of natural gas and declared force majeure on exports after missile and drone strikes from Iran damaged key energy facilities amid the Islamic Republic’s ongoing conflict with the US and Israel. Qatar's gas production and supply shutdown coincides with disruptions to tanker traffic in the Strait of Hormuz, a key route handling about 20 per cent of global LNG trade, worsening the supply crunch. Qatar halts liquefaction of gas State-owned QatarEnergy shut down liquefaction operations on Wednesday (4 March) at Ras Laffan Industrial City, the world’s largest LNG export hub, and Mesaieed Industrial City following the Iranian attacks. Liquefaction is the industrial process of cooling natural gas to about -162 degrees Celsius to convert it into liquefied natural gas. LNG takes up about 1/600th the volume of gaseous natural gas, making it easier and more economical to store and transport using specialised ships to global markets. Qatar, one of the world’s largest LNG producers, relies heavily on the liquefaction process at facilities such as Ras Laffan Industrial City to export gas. Force majeure declared on Qatar gas supplies Force majeure is a standard mechanism in energy contracts used to handle “acts of God” or geopolitical crises. It is a legal clause that excuses a party from fulfilling its contractual obligations if an unforeseen and uncontrollable event such as war, natural disasters or strikes prevents it from doing so. QatarEnergy has formally notified buyers that it cannot deliver contracted LNG shipments due to external disruptions, without facing penalties or legal liability. Force majeure therefore allows the company to suspend LNG delivery obligations because of the extraordinary circumstances. https://www.wionews.com/videos/breaking-qatar-begins-evacuating-residents-near-us-embassy-after-iranian-strikes-1772683204311/embed Qatar gas supply halt will hit India, Pakistan and Bangladesh hard Qatar supplies nearly half of India’s annual LNG imports of around 27 million tonnes. India’s city gas distribution sector, which relies on LNG for compressed natural gas (CNG) and piped cooking gas, could face a crisis with supply cuts of up to 40 per cent if alternatives are not secured fast enough. India is seeking cargoes from the spot market, where prices have surged by up to 50 per cent and shipping rates have doubled to about $200,000 per tanker. If the situation persists, inflation and disruption to industrial output could follow. Bangladesh depends on Qatar and the UAE for nearly 72 per cent of its LNG imports. Severe shortages could lead to prolonged power outages in the country and greater use of coal. Bangladesh may also need to import more electricity from India to mitigate the impact. Nearly all of Pakistan’s LNG imports come from Qatar and the UAE, making it extremely vulnerable to supply disruptions from Gulf producers. Increasing domestic natural gas production and reducing regasification demand are possible responses. Greater use of solar energy could help prevent daytime power cuts, but overall shortages could still lead to outages and economic strain for Pakistan. Also read: Meanwhile, US oil production surpasses Saudi, Russia combined; natural gas output crosses total of Russia, China and Iran How global LNG supplies will be hit by Qatar moves The shutdown will be a major shock to global energy markets as Qatar supplies roughly 20 per cent of the world’s LNG. The crisis has already pushed up gas prices in Europe and Asia by as much as 93 per cent. Asia, which accounts for nearly 82 per cent of Qatar’s LNG exports, will be the hardest hit, particularly Japan, South Korea and China besides India, Pakistan and Bangladesh. European buyers including the UK, Italy and Belgium also face supply pressure and higher prices. Analysts said other major producers such as the US and Australia, have limited spare capacity to quickly replace Qatar’s lost exports. Also read: India has 25 days of fuel stock, Japan refiners plead to open strategic reserves: Oil-importing nations scramble as Iran conflict causes supply woes When is Qatar LNG supply likely to resume? The halt in liquefaction is intended to allow initial repairs and safety checks at the affected production facilities. Reports say this process is expected to take at least two weeks. Another two weeks will likely be required to restore full production after liquefaction resumes. In total, the supply disruption could last around one month or longer. Disclaimer: WION takes utmost care to accurately and responsibly report ongoing conflicts in West Asia involving Israel, Iran, US, Gulf nations and non-state actors like Hezbollah, Hamas, Houthis, Islamic State, and others. Claims and counterclaims, disinformation and misinformation are being made online and offline. Given this context, WION cannot independently verify the authenticity of all statements, social media posts, photos and videos.

Amid the Iran conflict, Qatar halted LNG production and declared force majeure on gas trade. The shutdown threatens global supply, sending prices soaring and hitting major importers in Asia and Europe. India, Pakistan and Bangladesh are among countries that would be hit hard

How India, Pakistan, Bangladesh will be affected as Qatar halts gas liquefaction and declares force majeure in LNG trade

qatar-gas

Qatar Gas, News on Qatar Gas, stories on Qatar Gas, articles on Qatar Gas, Qatar Gas stories at Wion, Qatar Gas news, Qatar Gas latest news

qatar gas

Who is the largest exporter of LPG to India?

‘Dangerous precedent’: Qatar slams Iran over missile attacks on energy sites

How Qatar gas production halt could hit India, Pakistan, Bangladesh