India Explores US, Australia for LNG, Moving Beyond West Asia

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India Diversifies Energy: Eyes US, Australia for LNG Amid West Asia Strain

FILE PHOTO: A map showing the Strait of Hormuz and Iran is seen in this illustration taken June 22, 2025. REUTERS/Dado Ruvic/Illustration/File Photo

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CNBC TV18•19-03-2026, 16:35

India Diversifies Energy: Eyes US, Australia for LNG Amid West Asia Strain

•India is fast-tracking energy diversification due to strain on traditional supply chains from the West Asia conflict.
•Sujata Sharma, MoPNG Joint Secretary, confirmed the impact of the war but stated domestic availability remains stable.
•India heavily relies on West Asia for 90% of LPG and 47% of LNG from Qatar, prompting a shift to new suppliers.
•The government is now sourcing LNG from alternative geographies like the US and Australia to reduce risk.
•Despite global disruptions, officials maintain no immediate hit to availability or pricing, with LPG supply holding steady.

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