Petronet LNG of India faces challenges in securing a reliable Qatari natural gas supply for September due to Qatar's force majeure announcement, affecting 56 cargoes. To compensate, Indian firms are diversifying their LNG imports from Oman, the US, Nigeria, and Angola. Existing contracts indicate that any late Qatari deliveries could be postponed until April 2028. Simultaneously, Petronet's agreement guarantees 600,000 metric tons of LNG from the Gorgon project in Australia.

Petronet LNG's revenues fall over 52% amid West Asia tensions, but net profit rises 33.2% in the June quarter.

Petronet LNG of India faces challenges in securing a reliable Qatari natural gas supply for September due to Qatar's force majeure announcement, affecting 56 cargoes. To…