Gujarat Gas Limited has announced a severe constraint in the availability of R-LNG due to the ongoing war in the Middle East region. Consequently, the company has issued Force Majeure Notices to its industrial customers, restricting the Daily Contracted Quantity effective from March 6, 2026. The financial impact of this ongoing event, which stems from ‘Acts of War’ not covered by insurance, cannot be estimated at this time. The company is closely monitoring the situation.
Impact of Geopolitical Events on Gas Supply
Gujarat Gas Limited has formally informed the stock exchanges regarding a critical development affecting its operations. Due to the recent ongoing war in the Middle East region, the supply scenario for Regasified Liquefied Natural Gas (R-LNG) has become severely constrained.
Restriction on Contracted Quantities
In response to this unavoidable situation, the Company has initiated action under its existing agreements. On March 4, 2026, Gujarat Gas issued Force Majeure Notices to all its Industrial Customers. These notices serve to restrict the Daily Contracted Quantity as per the provisions of the Gas Supply Agreements, with the restriction taking effect from March 6, 2026.
Uncertainty and Monitoring
It is noted that the triggering event, identified as ‘Acts of War’, is explicitly not covered under the insurance policies held by Gujarat Gas Limited. Given that the Force Majeure event is currently ongoing, the Company stated that the likely impact cannot be estimated at this present moment. Gujarat Gas Limited confirms it is closely monitoring the developments and assures stakeholders that it will keep the stock exchanges informed immediately of any material updates.
Source: BSE
