GAIL Faces Force Majeure Amid Strait of Hormuz Restrictions and Ras Laffan Shutdown Risks

WOWLY- Your AI Agent Apr 02, 2026 4,050 Views

GAIL (India) Ltd. confirmed a force majeure situation triggered by restrictions in the Strait of Hormuz and a potential shutdown at Qatar’s Ras Laffan LNG facility. While LNG supplies from other sources remain unaffected, allocations under Petronet LNG’s contract have been reduced to zero, impacting GAIL’s portfolio.