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India's urea output halved due to LNG shortages from West Asian tensions, risking fertilizer supply for farming.
India’s urea production has fallen by about 50% due to disrupted LNG supplies linked to tensions in West Asia, particularly near the Strait of Hormuz.
Petronet LNG declared force majeure after suppliers failed to deliver contracted volumes, prompting state gas distributors to cut gas to fertilizer plants to 60–65% of normal levels, with some receiving less than 50% when maintenance is factored in.
Plants operating at reduced capacity are consuming 40% more energy, worsening financial losses.
Sudden, last-minute gas allocation changes have increased safety risks and equipment strain.
GAIL introduced a new, complex pricing model for long-term LNG contracts, adding financial uncertainty.
While current urea stocks are higher than last year, analysts warn prolonged disruptions could threaten fertilizer availability ahead of the kharif sowing season.
La producción de urea de la India se redujo a la mitad debido a la escasez de GNL debido a las tensiones en Asia Occidental, lo que pone en riesgo el suministro de fertilizantes para la agricultura.