India Plans Mandatory LNG Buffer Storage at Import Terminals

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India is considering a policy that would require LNG terminal operators to expand storage capacity at existing import facilities. The move comes after the Iran conflict exposed vulnerabilities in India's gas supply chain due to potential disruptions in LNG shipments through the Strait of Hormuz. Policymakers are evaluating the plan as part of a broader effort to create strategic gas reserves. The initiative reflects the government's intent to safeguard energy security against future geopolitical supply shocks.

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