Domestic production of liquefied petroleum gas (LPG) has surged by 40%, stated the government, highlighting ongoing supply worries due to the closure of the vital oil route in the Strait of Hormuz. The Petroleum and Natural Gas Ministry’s Joint Secretary, Sujata Sharma, assured that petrol pumps are well-stocked with petrol and diesel, with no shortages reported. Sharma emphasized that while LPG production has seen a significant increase, concerns remain about its supply, especially as a major portion of the country’s supply passes through the troubled Strait of Hormuz.
Online LPG booking has reached 93% efficiency as of March 17, with the government extending an offer to states and Union Territories for an additional 10% allocation of commercial LPG if they facilitate a transition to piped natural gas (PNG). Sharma stressed the importance of states and UTs taking the lead in implementing these reforms, expediting approvals, and ensuring smooth connections for both domestic and commercial and industrial PNG consumers. Moreover, the country’s aviation turbine fuel (ATF) stocks are reported to be sufficient.
In the Persian Gulf, 22 Indian vessels are currently stranded, carrying substantial quantities of LPG, LNG, and crude oil. Rajesh Kumar Sinha, Special Secretary of Shipping, confirmed the safety of all vessels and Indian crew members in the region, totaling 611 individuals. Discussions are underway with Iran and other stakeholders to secure safe passage for ships through the Strait of Hormuz. Notably, the Indian-flagged crude oil tanker ‘Jag Laadki’ docked at Adani Ports’ Mundra in Gujarat on Wednesday morning.
