Gujarat Gas Share Price Dips 6%; Issues Force Majeure Notice Amid Middle East Supply Disruptions

Gujarat Gas Limited has issued force majeure notices to its industrial customers following disruptions in the global gas supply chain. The development comes amid escalating geopolitical tensions and ongoing war in the Middle East region, which has significantly impacted the availability of regasified liquefied natural gas (R-LNG).

Supply Constraints Trigger Action

The company stated that the ongoing situation has severely constrained the supply of R-LNG. As a result, Gujarat Gas has invoked force majeure provisions under its Gas Supply Agreements with industrial customers.

Effective from March 6, 2026, the company has begun restricting the Daily Contracted Quantity (DCQ) of gas supplied to these customers. The step has been taken to manage limited supply and maintain operational stability in the face of uncertain market conditions.

Impact and Insurance Coverage

According to the company, acts of war are not covered under the insurance policies currently held by Gujarat Gas. This means that any operational disruptions or financial impacts resulting from the geopolitical situation may not be compensated through insurance coverage.

At present, the company has stated that the overall financial or operational impact of the force majeure cannot be accurately estimated. The situation remains dynamic and dependent on further developments in the global energy market and geopolitical landscape.

Monitoring the Situation

Gujarat Gas said it is closely monitoring the developments in the Middle East and their implications for global gas supply. The company has also assured stakeholders that it will keep stock exchanges informed about any material changes or updates regarding the situation.

Gujarat Gas Share Price Today

On March 5, 2026, Gujarat Gas share price opened at ₹404.00. At 10:35 AM, the share price of Gujarat Gas was trading at ₹391.95, down by 6.14% on the NSE.

Also Read: Gujarat Gas Q3 FY26 Earnings Results!

Conclusion

The force majeure declaration highlights the vulnerability of global energy supply chains to geopolitical events. Gujarat Gas’s move to restrict contracted supply reflects a precautionary step to manage limited R-LNG availability while navigating ongoing uncertainty in the international gas market.

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