Oman Surpasses Qatar as India's Leading LNG Supplier Amid Gulf Disruptions
Oman beats Qatar as India’s top LNG supplier as war disrupts Gulf gas flows
The Economic Times
Image: The Economic Times
In March, Oman became India's largest liquefied natural gas (LNG) supplier, overtaking Qatar due to disruptions caused by the Iran war. India imported 489,000 tonnes from Oman, representing nearly 30% of total LNG imports, while Qatar's share plummeted to 8% amid missile attacks on its energy infrastructure.
- 01India imported 489,000 tonnes of LNG from Oman in March, a significant increase in market share to nearly 30%.
- 02Qatar's LNG imports fell to 128,000 tonnes, marking a drastic decline from a 41% share prior to the disruptions.
- 03The Iran war has led to missile attacks on Qatar's energy infrastructure, forcing Qatar Energy to declare force majeure on gas exports.
- 04Other suppliers, including the US and Nigeria, contributed around 17% of India's LNG needs in March, with shipments of 279,000 tonnes and 270,000 tonnes, respectively.
- 05Oman's LNG export facilities are strategically located outside the Strait of Hormuz, allowing it to maintain supply amidst regional instability.
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Oman has emerged as India's top liquefied natural gas (LNG) supplier in March, surpassing Qatar, which has historically dominated the market. India imported 489,000 tonnes of LNG from Oman, accounting for nearly 30% of its total imports of 1.63 million tonnes. This shift is largely attributed to the ongoing Iran war, which has disrupted gas production and supply in the Gulf, particularly affecting Qatar's operations. Missile attacks on Qatar's energy infrastructure have severely impacted its LNG exports, reducing its market share to just 8% in March, down from 41% between April 2025 and February 2026. Other countries, including the US and Nigeria, have also stepped in to supply LNG, contributing to India's diversification efforts. Industry analysts indicate that while Qatar Energy is expected to resume operations soon, India's reliance on Oman and the US will continue in the interim as the situation stabilizes.
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The shift in LNG sourcing impacts energy security and pricing in India, as the country seeks to diversify its energy imports amidst geopolitical tensions.
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