New Delhi, March 22 (IANS) Prime Minister Narendra Modi will chair a high-level meeting in the evening on Sunday to review the situation related to petroleum products, crude oil, power, and fertiliser sectors against the backdrop of the evolving situation in West Asia, according to reliable sources. The meeting, which will be attended by senior ministers, will focus on ensuring uninterrupted supply, stable logistics and efficient distribution of petroleum products across the country.The governme…
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New Delhi, March 19 (IANS) Amid concerns over LPG shortage, the government on Thursday said that India is diversifying LPG procurement and buying liquefied petroleum gas from the US as well to plug the supply chain disruptions caused by the Middle East conflict.Addressing the daily briefing, Petroleum and Natural Gas Ministry’s Joint Secretary, Marketing and Oil refinery, Sujata Sharma, said: “Due to the ongoing war, the situation remains a matter of concern. However, there is no dry-out reporte…
Ahmedabad, March 17 (IANS) A newly built high-tech crematorium in Shilaj, an emerging residential area of Ahmedabad in Gujarat, is expected to improve access to last rites facilities for residents of the surrounding areas. The aim is to reduce the need to travel long distances during bereavement.Built by the Ahmedabad Municipal Corporation (AMC) at a cost of Rs 17 crore, the crematorium has been developed with a focus on modern infrastructure and environmental considerations.The facility include…
Mumbai, March 14 (IANS) Indian equity benchmarks lost nearly 6 per cent on a weekly basis, reflecting sustained selling pressure amid escalating geopolitical tensions in West Asia.Nifty dipped 5.31 per cent during the week and lost 2.06 per cent on the last trading day to reach 23,151. At close, Sensex was down 1,470 points or 1.93 per cent at 74,563. It advanced 5.52 per cent during the week.The sharp correction has largely been driven by the surge in crude oil prices and rising macroeconomic c…
New Delhi, March 13 (IANS) The government on Friday said that domestic production of cooking gas has increased by 30 per cent and assured that the country has enough fuel supplies to meet demand despite the ongoing tensions in West Asia.Speaking at an inter-ministerial briefing, Sujata Sharma, Joint Secretary (Marketing & Oil Refinery) in the Ministry of Petroleum and Natural Gas, said India’s refineries are currently producing 30 per cent more LPG compared to March 5.“The government is …
Chennai, March 12 (IANS) The ongoing fuel supply disruption linked to the West Asia conflict is beginning to affect Chennai’s transport sector, with thousands of auto-rickshaw drivers facing difficulties in refuelling LPG and CNG vehicles and commuters paying higher fares across the city.Auto drivers said the shortage has forced them to wait for long hours at gas stations, while supplies have become irregular in recent days.According to union representatives, nearly a quarter of auto-rickshaws…
Gandhinagar, March 11 (IANS) The Gujarat government has formed a high-level committee to secure liquefied natural gas (LNG) supplies in response to disruptions in global energy markets caused by conflicts in West Asia, Spokesperson Minister Jitu Vaghani announced on Wednesday.The committee, headed by Chief Secretary M.K. Das, will monitor LNG availability and coordinate with central authorities to ensure households continue to receive uninterrupted gas supplies.“The panel, guided by Chief Mini…
New Delhi, March 11 (IANS) Amid the reports of liquefied petroleum gas (LNG) shortage due to West Asia crisis, India has secured LPG and LNG supplies through alternative routes.According to government officials, these LPG and LNG supplies from alternative locations are likely to reach the country soon.Notably, Indian refiners have also increased domestic production of LPG by 10 per cent since the government directed oil companies to maximise cooking gas output.Reliance Industries Ltd’s Jamnaga…
New Delhi, March 10 (IANS) The Central government on Tuesday issued orders under the Essential Commodities Act (ECA) to ensure uninterrupted supply of piped natural gas for household kitchens, LPG and CNG for transport on top priority amid disruption in supplies due to the ongoing war in the Middle East.The Centre has assessed that the ongoing conflict in the Middle East has resulted in the disruption of liquefied natural gas shipments through the Strait of Hormuz and suppliers have invoked forc…
Ahmedabad, March 6 (IANS) Adani Total Gas Ltd (ATGL) has not increased the prices of CNG for vehicles and piped cooking gas supplied to household kitchens, despite gas supplies being hit due to the Iran war, company officials said on Friday.An ATGL official said about 70 per cent of ATGL’s gas volumes are sourced domestically and supplied to retail CNG fuel stations for vehicles and as piped natural gas for cooking to household kitchens. Prices for these two consumer categories remain unchanged….