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Restaurants across Tamil Nadu are staring at a bleak future with existing stock expected to last only for one or two days due to a lack of commercial LPG cylinder supply amid the West Asia conflict, hoteliers said on Tuesday. Some of the hotels and restaurants have already cut the number of food items offered in order to reduce the LPG use, officials said. "It is like a second COVID-19-enforced lockdown for us. We are cutting down on the usage of LPG cylinders. We have reduced the number of food items. For Dosa, tea or coffee, the stove should be receiving LPG supply non-stop. We have cut the number of items now and are providing food only in limited numbers," the chairman of a popular restaurant chain told PTI on condition of anonymity. To a query, he said, "We expect to run for one or two days with existing stock. If there is no supply of the commercial LPG cylinders, we have no other go than to close down operations. COVID-19 lockdown-like situation returning." Meanwhile, Sri .
Petregaz India, a subsidiary of Petredec Group has commissioned its new state-of-the-art LPG Import and Storage Terminal that has been set up at an outlay of Rs 600 crore, the company said on Saturday. The new facility located within the Adani Krishnapatnam Private Port at Krishnapatnam in neighbouring Andhra Pradesh would benefit private marketers as well as residential, commercial, industrial, and automotive consumers. The newly commissioned facility, with an investment of Rs 600 crore, enables Petregaz to deliver cost-effective, and dependable solutions to LPG marketers, the company said in a statement. With an annual capacity of over 1.5 million metric tonnes, the facility has excellent road connectivity to the hinterland of Tamil Nadu, Telangana, Karnataka, and Andhra Pradesh. The terminal also has two refrigerated storage tanks, a modern jetty with no congestion and capable of berthing all types of LPG vessels, 16 truck loading bays among others. "Government-run oil companie
Commercial cooking gas (LPG) prices were on Friday cut by Rs 39.50 per 19-kg cylinder in line with softening international benchmarks. However, the price of domestic LPG -- used in household kitchens for cooking purposes -- remained unchanged at Rs 903 per 14.2-kg cylinder. Commercial LPG -- used in various establishments such as hotels and restaurants -- will now cost Rs 1,757 per 19-kg cylinder in the national capital as against Rs 1,796.50, oil firms said in a price notification. State-owned oil firms last hiked the price of commercial LPG by Rs 21 on December 1. Commercial LPG will now cost Rs 1,710 per 19-kg cylinder in Mumbai, Rs 1,868.50 in Kolkata, and Rs 1,929 in Chennai. Rates differ from state to state based on incidence of local taxation. Saudi contract price (CP), the benchmark used for pricing of LPG, has softened in the last few weeks' oversupply concerns. State-owned Indian Oil Corporation (IOC), Bharat Petroleum Corporation Ltd (BPCL) and Hindustan Petroleum ...