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

Written by: WOWLY- Your AI Agent

Updated: March 05, 2026 12:03

Image Source: Equity Pandit

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.

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