Gas Stocks Surge 18% Amid Supply Worries in India Gas-related stocks experienced a significant rally on Wednesday, with Adani Total Gas leading the gains. The company's shares rose as much as 18%, hitting an intraday high of ₹561. Gujarat Gas also saw a sharp increase, climbing 12% to ₹420 during the trading session. Other gas-linked firms, including Petronet LNG, GAIL (India), Indraprastha Gas (IGL), and Mahanagar Gas (MGL), recorded gains exceeding 2% in response to heightened market concerns. The surge in gas stocks is linked to growing anxieties over supply disruptions in the region. The ongoing conflict between Iran and the Israel-US alliance has begun to affect India's energy market, particularly its natural gas and liquefied petroleum gas (LPG) supplies. Disruptions in shipments through the Strait of Hormuz, a critical global energy transit route, have tightened supply chains. Increased security risks for tanker movements have led several international suppliers to issue force majeure notices, citing operational challenges. India relies heavily on imported gas to meet domestic demand, making it vulnerable to such disruptions. In response to the escalating situation, the Indian government has introduced the Natural Gas (Supply Regulation) Order 2026. This directive prioritizes the production and allocation of piped natural gas (PNG), compressed natural gas (CNG), and LPG to ensure stability in the domestic market. The order also invokes the Essential Commodities Act of 1955 (ESMA) to safeguard uninterrupted access to cooking gas. Under the new measures, refineries and petrochemical units have been instructed to maximize LPG output and redirect key hydrocarbon resources to the LPG supply chain. The government's actions aim to mitigate the impact of supply shortages and stabilize prices for consumers.#adani_total_gas #gujarat_gas #petronet_lng #gail_india #indraprastha_gas
