TNI Bureau: Rising geopolitical tensions in West Asia have started affecting India’s energy market. Adani Total Gas has increased the price of natural gas supplied to industrial consumers, citing disruptions and uncertainty in global energy supplies caused by the ongoing conflict in the region.
The company has sharply raised the price for gas consumed beyond 40% of the contracted daily quantity. The rate has reportedly increased to around ₹119 per standard cubic metre, a significant jump from earlier levels of about ₹40. The steep hike reflects the pressure on global natural gas supplies due to instability in key energy-producing regions.
Experts say the price increase is likely to impact several industries that rely heavily on natural gas, including ceramics, chemicals and manufacturing units. Higher input costs could put pressure on production and may eventually be passed on to consumers through increased prices of goods.
The development underlines how geopolitical developments in West Asia can quickly affect India’s energy sector. Since India depends heavily on imported gas, any disruption in global supply chains can lead to price volatility in the domestic market.
With the conflict still unfolding, energy companies and industries are keeping a close watch on the situation, as prolonged instability could further strain supply and push energy costs higher.
