India Considers Mandating Strategic LNG Buffer for Terminals

India's strategic gas storage: LNG buffer mandate for terminals in the works

The disruption to LNG shipments through the Strait of Hormuz during the Iran conflict highlighted India's exposure to supply disruptions, prompting the government to revisit the idea of creating strategic gas reserves. Policymakers are evaluating a plan under which LNG terminal operators would be required to expand storage capacity at their existing import facilities.

By TOI BUSINESS DESK