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Fuel shortages linked to the West Asia war are disrupting factory output and canteen operations across India, forcing gas-dependent units to cut production and seek alternative energy sources
India is engaging Iran to ensure safe passage of its merchant vessels through the Strait of Hormuz amid concerns over LPG supply disruptions and stranded ships in the region
Food major says it has adequate finished goods inventory and fuel-switching options across facilities to ensure continuity of operations amid concerns over industrial gas supply
Iran permits two Indian-flagged LPG carriers to pass through the Strait of Hormuz, offering limited relief to India's cooking gas supply concerns
Going ahead, analysts expect natural gas prices to stay elevated in the backdrop of developments in West Asia. In March alone, prices of natural gas have climbed 16 per cent to $3.277/MMBtu
Many go back to coal and wood, while some give offers in return for cylinders
The Nagpur Bench of the Bombay High Court has sought the Centre's response on a plea by LPG distributors alleging shortages in the supply of domestic cooking gas cylinders
The government said India has enough petrol, diesel and crude stocks despite the West Asia conflict; LPG output has risen 30 per cent and people are urged not to panic buy fuel
Jindal Stainless, the country's biggest stainless steel producer, had last week warned of possible shipment delays
Production of Darjeeling tea could see a further dip due to non-availability of industrial LPG, a tea association has warned, flagging the risk of supply disruption to factories in the West Bengal district. In a recent letter to the deputy chairman of the Tea Board in Kolkata, the Darjeeling Tea Association cited a Ministry of Petroleum and Natural Gas communication, which asked all public sector oil marketing companies to ensure that LPG procured by them is supplied and marketed solely to households. The association warned that the order could result in non-availability of industrial LPG to tea estate factories, directly impacting manufacture of Darjeeling tea and the livelihoods of 55,000 permanent workers and their families. "The members of this association request to use your good offices with the concerned ministry to ensure uninterrupted supply of industrial LPG to the factories of the Darjeeling tea industry," the letter stated. The association noted that Darjeeling tea esta
Lok Sabha proceedings were adjourned till 2 pm on Friday amid relentless protests by opposition members over the LPG situation and hike in its price due to the ongoing West Asia crisis. As the House reassembled at 12 noon after an earlier adjournment over the same issue, Opposition members trooped into the Well and raised slogans against the government. After laying of papers, Parliamentary Affairs Minister Kiren Rijiju slammed Congress leader Rahul Gandhi for refusing to understand the pulse of the people saying if the principal opposition continues to behave in such a manner, people will punish them severely. "Their leader is refusing to change. Now the members are also behaving like him. Their leader is indulging in drama in Parliament premises by holding plate and glass. They think that by doing such theatrics they will be able to draw the attention of the people, but people know them very well that is why they have not been able to come to power," Rijiju said. Expressing ...
Analysts are positive on AC stocks amid strong summer demand outlook, though they caution that LPG/PNG shortages and rising input costs could impact production in near-term
An LPG shortage is forcing around 40 per cent of restaurants in Kerala to shut down as many establishments are unable to switch to alternative cooking methods, industry representatives said. Apart from restaurants, caterers, hostels, canteens and crematoriums have also been affected by the LPG shortage following the conflict in West Asia. G Jayapal, president of the Kerala Hotel and Restaurant Association (KHRA), told PTI that by Friday around 40 per cent of restaurants in the state would shut down. "Till Thursday, around 20 per cent of restaurants had closed. The number will increase to 40 per cent by Friday as LPG stocks will run out soon," he said. Even though the central and state governments have suggested alternative cooking methods, the KHRA said that using firewood in hotels in urban areas is not feasible. "As part of food safety standards, most restaurants in urban areas have adopted modern kitchen systems. They do not have arrangements for cooking with firewood or ...
Two persons were arrested and detained under the Goondas Act in Madurai for allegedly hoarding 398 LPG cylinders for black marketing, marking the first time such stringent action has been taken in Tamil Nadu for cylinder hoarding, police said on Friday. Meanwhile, Tamil Nadu Petroleum Dealers' Association urged people not to panic-buy petrol or diesel, stating that 14 terminals in Tamil Nadu have enough stock to replenish 7,000-plus retail outlets as per their demand. The arrests in Madurai followed a tip-off received by the Civil Supplies Criminal Investigation Department (CS-CID) regarding the illegal diversion of subsidised domestic gas cylinders for commercial use. Acting on the information, a special team conducted a raid at an open plot near the residence of Palani in the Kovilpappakudi area, where they seized 100 subsidised domestic cylinders and 109 commercial cylinders. In a subsequent raid at the house of Madan Kumar, 27, in Anandam Nagar, officials recovered another 189
As the West Asia war enters Day 14, Israel says its campaign against Iran remains strong; India assures fuel supply. Here are the top updates at 9 am (IST)
Gas shortages triggered by the West Asia conflict are disrupting kitchens, restaurants and small industries in India, exposing the country's fragile LNG-dependent energy system
Prime Minister Narendra Modi on Thursday hit out at those trying to create panic on the LPG situation in India, and said they are not only exposing themselves before the people but also hurting the country. Addressing the NXT Summit here, Modi also said that due to the ongoing conflict in West Asia, no nation has remained unaffected, but India is fully committed to addressing this challenge and is leaving no stone unturned to safeguard its energy security. He also said that some people are trying to black-market certain products by taking advantage of the present situation, and warned that action will be taken against such unscrupulous elements. "I request the state governments to enhance monitoring to stop black-marketers and hoarders in such times," he said. On the LPG issue, the prime minister said there is currently a lot of discussion surrounding LPG, with some individuals "spreading unnecessary panic". "I do not wish to make any political statements at this moment. Those who
The survey, conducted by LocalCircles, found that a majority of households reported difficulties in obtaining cooking gas cylinders over the past seven days
The move is a sign of the unusual measures countries are taking to secure key commodities as US-Israeli attacks in Iran snarl global trade and raise risks for food and energy supplies
India's LNG imports have more than doubled in the last decade from $6 billion in FY17 to nearly $15 billion in FY25