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How may Indian stocks be affected as Citi says supply of LNG bigger risk for India than oil?
short by Ashley Paul / on Wednesday, 4 March, 2026
In its latest note, Citi claimed that following halting of operations by QatarEnergy, supply of LNG is a bigger risk for India than crude oil as India sources 40-50% of its natural gas imports from Qatar. The stocks that carry high risk include GAIL and Gujarat Gas. Meanwhile, Citi says ONGC and Reliance Industries may benefit from LNG supply risks.
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