India's LNG Imports Face Supply Risks Due to Strait of Hormuz Dependence

India relies heavily on the Strait of Hormuz for nearly 69% of its liquefied natural gas (LNG) imports, primarily from Qatar, the UAE, and Oman. This dependence exposes key infrastructure, especially Petronet LNG's Dahej terminal, to significant supply risks. A report by Elara Securities highlights potential disruptions could affect the entire gas value chain, impacting terminal operations, transmission, and downstream consumers like Gujarat Gas. Despite supply swap adjustments, concentration risk remains substantial across multiple LNG terminals.