NEET UG 2026 Re-Exam On June 21 | Petrol, Diesel Prices Hiked By Rs 3 Per Litre

Amid rising concerns over tensions in the Strait of Hormuz, India is accelerating efforts to secure uninterrupted natural gas supplies through a proposed subsea pipeline connecting Oman to India. The project, estimated to cost around Rs 40,000 crore, is being revisited as part of the government’s broader push to strengthen long-term energy security and reduce dependence on vulnerable maritime trade routes. Officials said the pipeline could take five to seven years to complete if approved. India’s natural gas demand is expected to rise sharply by 2030, with LNG imports projected to increase significantly. The petroleum ministry is likely to ask state-run firms including GAIL, Engineers India and Indian Oil Corporation to conduct a detailed feasibility study. If the findings are favourable, India and Oman may begin formal discussions on gas supply, financing and project execution.