LNG Prices Above $20/mmBtu Hurt Demand, Warns GAIL Chairman
GAIL's Chairman and Managing Director Deepak Gupta has expressed concerns over the impact of high liquefied natural gas (LNG) prices on demand. Speaking at an energy forum in Bangkok, Thailand, on September 14, 2026, Gupta stated that LNG prices above $20 per million British thermal units (mmBtu) have affected demand.
The chairman's comments come as the global energy market continues to navigate price volatility. With many industries and households relying on natural gas for power generation and heating, high prices can have a significant impact on consumption patterns.