Gas
India’s Record LNG Buying Meets Record-High Prices
CEII brief
OilPrice.com reported on 28 Oct 2026: India’s Record LNG Buying Meets Record-High Prices.
Read the full story on OilPrice.comIndia has spent years bringing more households and businesses onto its gas networks. Now, with domestic production declining, supplying those customers means buying more LNG from a market where prices have tripled in a year.
Context from CEII
Gas is the flexible backbone of many grids and the designated transition fuel in many national plans, from LNG trade to domestic LPG and CNG. Supply security and pricing drive both power reliability and emissions.
2.9% of electricity in India came from gas in 2024Countries in this story
Original reporting © OilPrice.com. Headline and excerpt quoted with attribution; the full article is available on the publisher’s site. CEII’s context is the Centre’s own and does not represent the publisher.
