MUMBAI: Adani Total Gas said Wednesday that gas deliveries to industrial customers in India had been impacted after its own supply was partly curtailed due to the Middle East war.
The joint venture between India’s Adani Group and France’s TotalEnergies is a key supplier of natural gas to industries, homes and vehicles in the world’s most populous nation.
“Some of the gas suppliers of the company have curtailed the gas supply, which in turn has impacted our supplies to industrial customers,” the firm said in a stock exchange notification.
The filing said it was “assessing” the impact of the development, and Indian government orders to more closely control the distribution of natural gas.
India is the world’s fourth largest liquefied natural gas (LNG) buyer, and second-largest buyer of liquefied petroleum gas (LPG), such as that used for cooking – much of which is sourced from the Middle East.
READ MORE: India GAIL buys Oman LNG cargo, sources say
As supplies become tighter, New Delhi has sought to prioritise the needs of households, transport and other essential sectors such as hospitals.
Industrial consumers have been left short-handed as a result, with several ceramics firms already saying they are facing cutbacks in gas supplies.
Leading tile maker Cera Sanitaryware said last week it received a notice restricting its gas supply by up to 50 percent of its “daily contracted quantity” which could have a “partial impact” on production.
Restaurants and hotels across India have also warned of disruptions to operations, after a separate government order prioritised domestic LPG supplies to households.
India’s Reliance Industries said it is also diverting natural gas supplies “to support supply to priority sectors”, it said in a statement.
It said it is also working to “maximise LPG production” from its Jamnagar refining and petrochemicals complex, which it calls “the world’s largest integrated refining hub”.
Comments
Comments are closed for this article.