Oman Overtakes US as India's Top LNG Supplier Amid Strait of Hormuz Disruption

Key facts

• Oman replaced the US as India's largest LNG supplier in September 2026, with imports rising 11.6% month-on-month to 0.59 million tonnes, while US imports fell 60.7% to 0.34 million tonnes.
• India's total LNG imports in September stood at 2.24 million tonnes, down 12.7% month-on-month but 7% higher year-on-year.
• In the May-September period, India's LNG imports rose 17.8% year-on-year to 11.87 million tonnes, with the US the largest source at 3.41 million tonnes (28.7% share), followed by Oman at 2.33 million tonnes (up nearly 419% year-on-year) and Nigeria at 2.20 million tonnes (18.5% share).
• Qatari LNG volumes fell 90.2% year-on-year in May-September to 0.41 million tonnes, holding only a 3.4% market share, as supplies through the Strait of Hormuz were disrupted by the West Asia conflict.
• India depends on LNG imports for about half of its natural gas requirement, with about 60% of those imports previously routed through the Strait of Hormuz, mainly from Qatar and the UAE.
• Oman's LNG exports do not depend on the Strait of Hormuz, unlike those of Qatar and the UAE.