India Urges Increased LPG Production Amid West Asia Tensions
India calls for higher LPG production to prioritise domestic use amid West Asia tensions
Hindustan Times
Image: Hindustan Times
In response to geopolitical tensions in West Asia, India's Ministry of Petroleum and Natural Gas has directed oil refineries to boost LPG production for domestic use. This move aims to secure household supplies and prevent hoarding, while prioritizing essential sectors like hospitals and educational institutions.
- 01India's Ministry of Petroleum and Natural Gas has ordered an increase in LPG production due to West Asia tensions.
- 02Domestic LPG supply is prioritized to households, with measures to prevent hoarding.
- 03A new inter-booking period of 25 days has been introduced for LPG to manage supply.
- 04Essential sectors like hospitals will receive prioritized LPG imports.
- 05A committee has been formed to oversee LPG distribution to non-domestic sectors.
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Amid escalating tensions in West Asia, India's Ministry of Petroleum and Natural Gas (MoPNG) has mandated oil refineries to ramp up production of liquefied petroleum gas (LPG) for domestic consumption. The directive comes in response to disruptions in fuel supply and aims to ensure that households receive adequate LPG supplies. To prevent hoarding and black marketing, the MoPNG has introduced a 25-day inter-booking period for LPG. Additionally, the ministry has prioritized non-domestic LPG supplies for essential sectors such as hospitals and educational institutions. A committee comprised of three executive directors from oil marketing companies (OMCs) has been established to evaluate LPG distribution to restaurants and hotels. This proactive approach seeks to mitigate the impact of the ongoing oil crisis on the Indian market.
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This increase in LPG production is crucial for households, ensuring that families have access to cooking gas amidst rising prices and supply uncertainties.
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