Overview
- ATGL said prices for vehicle CNG and piped cooking gas to homes remain unchanged despite global supply stress.
- Large commercial and industrial customers were asked to restrict gas offtake to 40% of contracted volumes because imported LNG has tightened.
- Consumption within the 40% cap will be billed at contracted rates of about Rs 40 per scm, with incremental usage priced around Rs 119 per scm tied to spot sourcing.
- The company linked the constraints to reduced ship movements through the Strait of Hormuz that have cut LNG inflows and propelled spot prices from roughly USD 10 to USD 24–25 per mmBtu.
- About 70% of ATGL’s volumes come from domestic sources versus roughly 30% imported, and the Adani Group–TotalEnergies venture says it is working to maintain supply and protect customers.