Government guarantees 70% gas supply to fertiliser plants
pre-market1 source ↓written by the desknot a recommendation
The government has classified fertiliser plants as 'Priority Sector-2', ensuring at least 70% of their average natural gas consumption. This decision aims to protect domestic fertiliser production from global supply disruptions due to the West Asia crisis. The average will be based on the last six months' consumption, as per the Natural Gas (Supply Regulation) Order, 2026.
This measure is crucial ahead of the Kharif sowing season, addressing concerns over potential LNG shipment disruptions linked to political instability in the Middle East. 🌍
Not investment advice. For informational purposes only.