India has above-ground and underground storage for LPG, owned by oil marketing and refining companies.

On the onset of NaturalGas pricing for the week at $2.60/MMBtu depicting an 18-month low,clarity is emerging that it's becoming a stranded asset with a workforce attached to it.

Qatar, the world's second-largest LNG exporter after the US, shipped 82.44 million metric tons of LNG in 2025, with 8.9% of this total directed towards European terminals

The European Union’s energy chief told member states last week to start injecting into gas storage early in order to avoid supply competition that could push prices up over summer.

Russia and Vietnam have existing nuclear technology links, notably with the development of plans for a Centre for Nuclear Science and Technology in Vietnam, which includes a Russian‑designed research reactor.

Dutch front-month futures, Europe’s gas benchmark, traded 4.7% higher at €62.02 a megawatt-hour by 8:33 a.m. in Amsterdam.

Benchmark futures jumped as much as 35% on Thursday, pushing prices to more than double their pre-war levels, as the market braces for a drawn out halt at the critical LNG hub that provides about a fifth of the world’s supply.

Coal is already the dominant fuel in Asia’s power mix, making up well over 40%-50% across the region, and it has long been more cost-competitive than gas

Russia is now aiming to capitalize on supply concerns as a result of the conflict in the Middle East, where energy infrastructure and supply routes have been attacked.

Dutch front-month futures, Europe’s gas benchmark, traded 15% lower at €47.99 a megawatt-hour by 8:41 a.m. in Amsterdam.

Benchmark futures jumped as much as 25% — the biggest increase since August 2023 — after tanker traffic through the Strait of Hormuz largely halted over the weekend.

India is the world's fourth-largest LNG consumer. According to S&P Global Energy data, in 2025, India imported more than 25 million metric tons of LNG per year.

The Russian Deputy Prime Minister Alexander Novak and Turkish Energy and Natural Resources Minister Alparslan Bayraktar have been discussing additional prospects for cooperation in their bilateral oil and gas, as well as the development of nuclear energy, at meetings held in Istanbul.

India's crude oil purchases underwent a transformative change in 2026, with significantly reduced volumes of Russian Urals and incremental growth in Middle East Gulf barrels comprising its portfolio as of January,

This energy buying pledge—part of an estimated $33 billion in US goods purchases pledged by Jakarta—includes $3.5 billion for LPG, $4.5 billion for crude oil, and $7 billion for refined gasoline, according to the agreement released by the Office of the US Trade Representative on Feb. 19 in Washington.