India's LNG Import Reliance Hits Five-Year High Amid Middle East Disruptions

India's reliance on imported liquefied natural gas (LNG) has reached a five-year high of 59% as of July 2026, driven by supply disruptions in the Middle East.

The country's LNG import bill rose by 24% between April and July 2026 compared to the same period last year, reaching $5.6 billion.

Spot prices have stayed above $20/MMBtu, putting downstream industries under severe margin pressure.

Companies like Indraprastha Gas Limited have already increased CNG prices in response to the rising input costs.