The Economic Times

Higher LNG prices likely from September; downstream players may face margin pressure costs: Report

Indias LNG demand remains resilient despite spot prices above $20/MMBtu, but rising gas costs could squeeze downstream margins, according to Equirus. LNG accounted for 59% of Indias gas consumption in July 2026, the highest since July 2021. A prolonged Middle East supply disruption could tighten global LNG markets, delay supply easing until 2027 and keep prices elevated.