As per Reuters report, Adani Total Gas announced a price increase for gas supplied to industrial clients, citing reduced LNG availability caused by disruptions in the Middle East.
The company said recent geo‑political developments have affected LNG supply routes. Attacks on Iran and retaliatory strikes led to a near halt of transit through the Strait of Hormuz, a key channel for oil and liquefied natural gas. Upstream gas curtailment forced operational constraints, prompting the price rise.
Effective from Tuesday, gas consumed above the 40% daily contract quantity will be charged at ₹119 per standard cubic metre (SCM). The previous rate was around ₹40 per standard cubic metre, as per the report.
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Adani Total Gas is a joint venture between the Adani Group and French oil major TotalEnergies. The firm supplies industrial gas across India and is listed under the symbol ATGL.
As of March 05, 2026, at 1:53 PM, Adani Total Gas share price on NSE was trading at ₹479.85 down by 0.20% from the previous closing price.
The price adjustment reflects the impact of Middle East supply disruptions on LNG availability, leading Adani Total Gas to raise rates for excess industrial consumption.
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Published on: Mar 5, 2026, 2:11 PM IST
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