New Delhi, March 18 (IANS) Domestic liquefied petroleum gas (LPG) production has increased by 40 per cent, the government said on Wednesday, adding that supply concerns remain owing to the closing of the key oil route of the Strait of Hormuz.Petroleum and Natural Gas Ministry’s Joint Secretary, Marketing and Oil Refinery, Sujata Sharma, said during the regular briefing that petrol pumps have enough petrol and diesel stocks.”Domestic LPG production has increased by 40 per cent while no dry-outs h…
Latest Petroleum and Natural Gas Ministry News & Updates
New Delhi, March 17 (IANS) The government on Tuesday said it has conducted 12,000 raids and seized more than 15,000 LPG cylinders to curb hoarding amid rumours of shortages and panic bookings, while maintaining that there is no supply shortage across the country.Petroleum and Natural Gas Ministry’s Joint Secretary, Marketing and Oil Refinery, Sujata Sharma, said LPG availability remains adequate despite increased demand.She said around 70,000 bookings were made on Monday due to panic buying and …
New Delhi, March 17 (IANS) India is reviewing requests from neighbouring countries for additional fuel supplies as Bangladesh, Nepal and others face the prospect of acute shortages amid disruptions to key maritime routes due to conflict in the Middle East, a new report has said.The report from Vietnam Times cited Bloomberg saying Bangladesh has asked New Delhi for diesel beyond the 1,80,000 tons it receives annually under an existing contract.Meanwhile, Nepal requested the state-run Indian Oil C…
Nashik, March 13 (IANS) Maharashtra Pradesh Congress Committee President Harshwardhan Sapkal on Friday demanded the immediate withdrawal of the Rs 60 LPG price hike, saying that the BJP government has pushed the common public into the deep abyss of inflation.He further noted that the price hike is a result of the wrong policies of the Central government. Instead of “looting” the public by using war as an excuse, the government should immediately cancel this hike, he said.Sapkal also demanded…
New Delhi, March 13 (IANS) The Centre on Friday advised consumers to avoid panic buying of petrol, diesel, and LPG as adequate stocks are available across the country.No cases of fuel dry-outs have been reported at any of the 1 lakh retail outlets by the Oil Marketing Companies. Adequate stocks of petrol and diesel are available, and supplies are being maintained regularly, a senior Petroleum and Natural Gas Ministry official said.The official underlined that India currently has a refining capac…
New Delhi, March 12 (IANS) There is no LPG shortage in the country and “no dry-out has been reported”, Petroleum and Natural Gas Ministry’s Joint Secretary, Marketing and Oil Refining, Sujata Sharma, said on Thursday.In a briefing on the current LPG situation in the country, she said that LPG bookings have increased as consumers are rushing to secure supplies amid concerns over potential disruptions, describing the rush as “panic-driven rather than the result of any actual shortage”.”The Strait …
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 3 (IANS) The government on Tuesday said that India has adequate stocks of crude oil and key petroleum products such as petrol, diesel and aviation turbine fuel (ATF) to handle any short-term disruptions arising from the ongoing hostilities in the Middle East.Briefing the media, Petroleum and Natural Gas Minister Hardeep Singh Puri said the country is fully prepared to deal with the evolving global energy situation. He assured that there is no immediate cause for concern as India…