Insight
What the Middle East conflict means for the South Asian LNG market
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
The force majeure in Qatar affects ~20% of global LNG supply, hitting South Asia hardest, due to a high reliance on Qatari volumes. Gas demand curtailments are underway in South Asia and will deepen if the shutdown extends. Rising energy import costs strain finances. More expensive spot LNG, higher oil-indexed contracts, and costly alternatives (including LPG, urea) will inflate import bills and pressure foreign exchange reserves. This insight examines how South Asian markets will respond to a 2-month supply curtailment over the coming months.
Table of contents
- No table of contents specified
Tables and charts
No table or charts specified
What's included
This report contains:
Other reports you may be interested in
Insight
Weathering the storm- How South Asia held the line on LNG so far amid the Middle East war
How supply concentration vulnerabilities and crisis response strategies shaped divergent outcomes across South Asian LNG markets.
$950
Insight
LNG short-term webinar: August 2026
The TTF front-month contract surged +20% to above US$23/mmbtu – its highest level since the start of the Middle East conflict.
$1,050
Insight
Webinar: The polyester chain in the shadow of the closure of the Strait of Hormuz
Watch our webinar assessing the impact of the Middle East conflict on the polyester value chain here
$900
