Regional energy disruptions and shipping challenges prompt Indian buyers to diversify gas imports away from long-time supplier Qatar
Oman emerged as India’s largest supplier of liquefied natural gas (LNG) in March, overtaking Qatar for the first time in years as geopolitical tensions and supply disruptions across the Gulf reshaped regional energy trade. The shift highlights India’s efforts to secure fuel supplies amid uncertainty in one of the world’s most important energy-producing regions.
According to industry data, India imported about 489,000 tonnes of LNG from Oman during March, accounting for nearly 30 per cent of the country’s total LNG imports of 1.63 million tonnes. In contrast, imports from Qatar fell sharply as production and shipping disruptions affected supplies from the Gulf nation.
The change followed a period of instability in the Gulf, including disruptions to gas production and concerns over shipping routes through the Strait of Hormuz. The situation forced Indian energy companies to seek alternative sources of LNG to maintain supplies for domestic consumers and industries.
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India is the world’s fourth-largest LNG importer and relies on overseas purchases for a significant share of its natural gas requirements
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With supply risks increasing, state-run companies and private importers moved quickly to diversify sourcing
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GAIL, one of India’s largest gas distributors, also secured LNG cargoes from Oman to help meet domestic demand during the disruption period
Energy analysts say the development underlines the importance of supply diversification for India’s energy security strategy. While Qatar remains a key long-term supplier through existing contracts, the recent shift demonstrates how geopolitical events can rapidly alter trade flows in global energy markets.
The emergence of Oman as India’s leading LNG supplier is expected to strengthen energy ties between the two countries and may encourage further cooperation in gas infrastructure and long-term supply arrangements.
