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The spectre of a European gas price cap returns
Brussels is again weighing a cap on gas prices amid the Hormuz crisis, but the measure could backfire by deterring the LNG cargoes Europe urgently needs
Filling a gap in the global LNG market
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Next wave of floating LNG growth in developing markets
After Europe’s rapid buildout of floating LNG import capacity, Exmar CEO Carl-Antoine Saverys says future growth in floating gas infrastructure will increasingly be driven by developing markets as lower prices, rising energy demand and the need to replace coal unlock new opportunities for unconventional and tailor-made solutions
Colombia races to shore up gas supply
Gas is a central pillar of Colombia’s energy system, but declining production poses a significant challenge, and LNG will be increasingly needed as a stopgap. A recent major offshore gas discovery offers hope, but policy improvements are also required, Camilo Morales, secretary general of Naturgas, the Colombian gas association, tells Petroleum Economist 
European gas: From bad to much worse
The continent’s inventories were already depleted before conflict erupted in the Middle East, causing prices to spike ahead of the crucial summer refilling season
How Hormuz chokehold threatens LNG buyers
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Letter from Asia: The nuanced India-Russia oil picture
The South Asian consumer’s next move could tighten the Middle East oil market overnight
Letter from the Middle East: Aramco provides big global gas reveal
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New Zealand embraces LNG
LNG would serve as a backup supply source as domestic gas declines and the country’s energy system comes under stress during periods of low hydropower output and high energy demand
Petronet is expanding the capacity of its Dahej terminal from 17.5mt/yr to 22.5mt/yr
Gas LNG India
Yogender Malik
New Delhi
1 October 2025
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India’s LNG falling short

More needs to be done to meet the government’s ambitious targets for gas

India’s gas consumption saw a sudden and unexpected slump during the first five months of the  financial year ending 31 March 2026, with consumption of 28.70bcm marking a decline of 7.89% compared with the same period in 2024–25. This represented the steepest decline since the early months of the Covid-19 pandemic, when gas consumption plummeted. Barring the current rough patch, Indian gas consumption has remained steady in each of the last three years. However,  expansion of pipeline infrastructure, a ramp-up in domestic production and a more favourable policy environment are needed to meet the target of gas accounting for 15% of the energy mix by 2030 compared with 6% now. Tepid demand Ind

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