Qatar crisis sparks European gas surge, jolts Indian gas stocks
Shares of Indian gas companies, including GAIL, Petronet LNG, Gujarat State Petronet Limited (GSPL), and Gujarat Gas Limited (GGL), are likely to remain volatile on Wednesday after QatarEnergy said it has halted liquefied natural gas production following military attacks on its facilities. The development has already triggered a spike in European LNG prices, raising concerns over supply disruptions and potential ripple effects on global gas markets. "QatarEnergy values its relationships with all of its stakeholders and will continue to communicate the latest available information," it said in a media release. The price of Dutch TTF Natural Gas futures has seen a significant increase after the announcement. European gas price surge and Indian stock volatility On Monday, the European gas market…