Shares of Petronet LNG and GAIL gained in intraday trade after Qatar signaled plans to rapidly restore LNG production and export operations following the reopening of the Strait of Hormuz, a critical global energy shipping route.

Qatar had temporarily shut operations at its Ras Laffan industrial complex, the world's largest LNG export hub, during the initial phase of the recent regional conflict after an Iranian attack heightened security concerns across the Gulf region. The disruption raised fears of tighter global LNG supplies and potential increases in energy costs for major importing nations.

With maritime traffic through the Strait of Hormuz resuming, Qatari authorities and energy companies are reportedly preparing to restart production and accelerate LNG shipments. The development is expected to improve supply visibility in global gas markets and reduce concerns over prolonged disruptions to LNG trade flows.

Indian gas sector companies reacted positively to the news. Petronet LNG, one of India's largest LNG importers, benefited from expectations of improved cargo availability and greater supply stability. GAIL, which is involved in gas transmission, marketing, and LNG trading, also gained as the prospect of normalized LNG supplies could support its sourcing and distribution operations.

The reopening of the Strait of Hormuz is particularly significant because a substantial portion of the world's LNG and crude oil exports pass through the waterway. Any disruption to traffic in the region can impact global energy prices, shipping costs, and supply chains. The anticipated resumption of Qatari LNG exports is therefore being viewed as a positive development for energy-importing economies and companies dependent on LNG supplies.