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LPG Crisis
About LPG Crisis
The ongoing war in West Asia has begun to disrupt LPG supplies in India. Escalating conflict around the Persian Gulf and the Strait of Hormuz has delayed shipments and increased freight costs, affecting supply chains. Several restaurants and hotels in cities such as Mumbai and Bengaluru have flagged shortage of commercial LPG cylinders. The central government has asked refiners to prioritise domestic LPG supply and curb hoarding to stabilise availability.
India has 60 days of crude, LNG, 45 days of LPG, no supply issues: Puri
Speaking at the CII Annual Summit, Union Minister Hardeep Singh Puri said India's oil companies are losing ₹1,000 crore every day and the under recovery is going to be ₹1,98,000 crore
West Asia conflict: Govt may rework strategic oil and gas reserves
Amid the West Asia crisis, the government is considering expanding India's crude oil, gas and LPG reserves to strengthen long-term energy security
Updated On: May 12 2026 | 10:59 PM ISTOil Minister Puri rules out fuel shortage as LPG production raised sharply
Oil Minister said PM Narendra Modi's austerity appeal should be taken as a wake-up call and urged to start thinking of "measures" to lessen fiscal strain from West Asia conflict
Updated On: May 12 2026 | 12:58 PM ISTGovt assures adequate fuel stock amid PM Modi's energy conservation push
The government said India has adequate fuel supplies and stable prices despite rising global energy costs and mounting losses for oil marketing companies
Updated On: May 11 2026 | 8:02 PM ISTLatest Updates on LPG Crisis
As India battles soaring energy import costs and a weakening rupee amid global oil turmoil, a Monaco-based fuel technology company says it may have found an answer hiding in plain sight: water. FOWE Eco Solutions, through its patented Cavitech fuel emulsion technology, claims industries can slash fuel consumption by up to 10 per cent, reduce harmful emissions dramatically, and improve equipment performance - all without modifying engines or shutting plants down. The pitch comes at a critical time for India. The country imports nearly 88 per cent of its crude oil needs, while state-run oil firms are reportedly bleeding Rs 1,000 crore a day to shield consumers from global price shocks. Prime Minister Narendra Modi has also publicly urged industries to conserve fuel as a national economic priority. Now, FOWE says its technology can do exactly that. At the heart of the system is a fuel-oil-water emulsion created using Controlled Cavitation Technology (CCT), which disperses microscopic
About Rs 1,600-1,700 crore per day, over Rs 1 lakh crore in 10 weeks. That's the cost that state-owned oil firms incur for insulating Indian consumers from the global energy shock but ever-widening losses are now raising questions on how long they can continue bearing the cost without financially capitulating. Since the war broke out in the Middle East 10 weeks ago, state-owned oil marketing companies (OMCs) have ensured uninterrupted supplies of petrol, diesel and cooking gas LPG at rates that are way below cost, unlike many global energy systems that imposed rationing or passed through steep price increases. This has resulted in the three OMCs - Indian Oil Corporation (IOC), Bharat Petroleum Corporation Ltd (BPCL) and Hindustan Petroleum Corporation Ltd (HPCL) - running record high under-recoveries (the difference between cost and retail selling price), two sources with direct knowledge of the matter said. The combined under-recovery on petrol, diesel and cooking gas LPG is Rs 1,6
A tanker carrying liquefied petroleum gas (LPG) for India has sailed out of the Strait of Hormuz and is now headed towards the country, an official statement said on Sunday. The Marshall Islands-flagged LPG carrier MT Sarv Shakti, loaded with 46,313 tonnes of LPG and staffed by 20 crew, including 18 Indians, cleared the key shipping chokepoint on May 2 and is expected to reach Visakhapatnam on May 13, it said. The cargo -- enough to meet half a days requirement of the country -- will partly tide over supply constraints being faced since the start of the West Asia conflict more than two months back. Ship-tracking data showed its position in Oman Gulf on Sunday evening. The very large gas carrier has previously made runs between the Persian Gulf and Indian ports, has been chartered by state-owned Indian Oil Corporation (IOC). Sarv Shakti is the first India-linked tanker to cross the war zone since a weeks-old US blockade of ships tied to Iran began, pushing transits through Hormuz b
The latest hike in the price of 19-kg commercial LPG cylinders used by hotels and restaurants has dealt a "severe blow" to the hospitality industry already reeling under the impact of closures and job losses, and will aggravate the situation, industry associations said on Friday. They urged the government to intervene and roll back the hike. The prices of commercial LPG - the one used in hotels and restaurants - have been hiked by Rs 993 to a record high of Rs 3,071.50 per 19-kg cylinder. Pradeep Shetty, Spokesperson, Hotel And Restaurant Association (Western India) - HRAWI & Vice President, FHRAI (Federation of Hotels and Restaurants Association of India), said, "Due to the recent rise in LPG prices, a 10 to 15 per cent hike in menu prices is imminent. But even that may not be enough to absorb the impact. We urge the government to urgently intervene, roll back this hike and stabilise LPG prices to give the sector some breathing space. Without immediate relief, the hospitality ...
India has accelerated its shift to piped natural gas, with more than 5.01 lakh new PNG connections gasified since March and over 5.68 lakh consumers registering for fresh connections, even as authorities manage LPG supplies amid geopolitical disruptions. With the war in West Asia disrupting cooking gas LPG supplies, the government is pushing households as well as industries to move to piped natural gas -- a more convenient alternative whose supplies have not been very badly hit. LPG users within the reach of a PNG connection have been asked to shift, while orders have been issued for expediting approvals for laying of pipelines that supply gas to burner tips. "Since March 2026, more than 5.01 lakh PNG connections have been gasified," said Sujata Sharma, Joint Secretary in the Ministry of Petroleum and Natural Gas, at a news briefing on Tuesday. Gasified means the start of gas supplies. These connections include ones that may have been applied before the crisis as well as after ...