New Delhi, March 27 (IANS) The Ministry of External Affairs (MEA) said on Friday that four ships laden with LPG have arrived in India after crossing the Strait of Hormuz and assured that New Delhi is in touch with concerned countries for the safe transit of its ships to meet its energy needs. While addressing a weekly media briefing in New Delhi on Friday, MEA spokesperson Randhir Jaiswal said that India’s approach to sourcing its energy needs is based on the imperative to secure the needs of 1….
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New Delhi, March 27 (IANS) More than 350 show-cause notices have been issued to LPG distributorships as part of enforcement action to maintain seamless supply of gas, the government said on Friday, adding that enforcement drives are ongoing across states/UTs, with more than 3,000 raids conducted and over 1,500 LPG cylinders seized.PSU oil marketing companies (OMCs) conducted more than 1,500 surprise inspections at retail outlets and LPG distributorships across the country, according to an offici…
New Delhi, March 25 (IANS) The government said on Wednesday that it is making all efforts to ensure availability of LPG, petrol and diesel and citizens are advised to avoid panic purchases.No dry-outs have been reported at LPG distributorships or petrol pumps. Delivery of domestic LPG cylinders continues as normal, the official update of the situation said.The government has already restored partial commercial LPG supply of up to 20 per cent to consumers. Further, the government proposed an addi…
New Delhi, March 22 (IANS) The delivery of domestic LPG cylinders remains normal, panic bookings have come down, while the government has increased commercial LPG allocation to states, according to an update by the Ministry of Petroleum and Natural Gas on Sunday amid global disruptions due to the Middle East war.Educational institutions and hospitals have been prioritised, and around 50 per cent of the total commercial LPG allocation is going to these sectors. An additional 20 per cent commercia…
New Delhi, March 21 (IANS) The government on Saturday said that it has allowed another 20 per cent allocation of commercial LPG to states and Union Territories (UTs), which would take overall allocation to 50 per cent (including 10 per cent allocation based on ease of doing reforms for PNG expansion).This additional 20 per cent allocation will be given on priority to sectors like restaurants, dhabas, hotels, industrial canteens, food processing/dairy, subsidised canteens/outlets run by state gov…
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 …
New Delhi, March 13 (IANS) Global oil prices cooled down marginally on Friday after the US announced a 30-day waiver, allowing all countries to purchase Russian oil.Brent crude was trading at $99.99 per barrel, down 0.47 per cent, while West Texas Intermediate (WTI) dropped 0.67 per cent to $95.09 per barrel.US Secretary of Treasury, Scott Bessent, said on X that “To increase the global reach of existing supply, @USTreasury is providing a temporary authorisation to permit countries to purchase…
New Delhi, March 12 (IANS) Prime Minister Narendra Modi said on Thursday that the government is “doing everything possible” to safeguard India’s energy security amid the disruptions in oil and gas supplies caused by the Iran war.Addressing a media event here, PM Modi said that his government has worked in a holistic manner to make India “self-reliant” in the energy sector, which has resulted in huge savings for the country.”Before 2014, India had negligible storage capacity for strategic petrole…
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) Two liquefied natural gas (LNG) cargoes are on their way to India to augment supplies for domestic consumers as the public sector oil and gas companies have stepped up imports from outside the Middle East amid the Iran war, a senior Central government official said on Wednesday.”Crude supply remains secure. Volumes secured today exceed what normally would arrive from the Strait of Hormuz. Oil marketing companies secured various crude cargoes from different countries. A…