Page 2 - Latest Updates on LPG Crisis

Detroit of Asia sputters as LPG dries up, input costs spike, labour thins

In Chennai's auto nerve centre, Ambattur, prolonged conflict ripples through supply chains, delaying deliveries, raising costs, testing small manufacturers' resilience

Reliance on Hormuz for imports above global average: Oil secy Neeraj Mittal

Oil secretary flags higher dependence on Hormuz route for crude, gas and LPG, underscores need for resilient infrastructure amid West Asia tensions

Hardeep Puri heads to Qatar to secure LNG, LPG supply amid fuel crisis

Qatar is India's single-largest supplier of both LNG and LPG, providing 45 per cent and 20 per cent respectively

Over half of Indian households faced LPG supply issues in 5 weeks: Survey

A LocalCircles survey found that 37 per cent of respondents faced delays in delivery, while 25 per cent said they struggled to book a cylinder

Tanker carrying 15,400 tonnes of LPG arrives at Navi Mumbai's JNPA

Jawaharlal Nehru Port Authority on Thursday said it received an India-flagged vessel carrying 15,400 tonnes of liquefied petroleum gas (LPG) that successfully crossed the Strait of Hormuz amid the West Asia conflict. JNPA described the development as notable in the backdrop of the war involving Iran, the United States and Israel. "Today, JNPA proudly welcomed Green Asha-an India-flagged LPG vessel that has successfully crossed the Strait of Hormuz, and has moored at JNPA's liquid berth operated by BPCL-IOCL," it said in a release. This is a significant milestone as it is the first such vessel to reach JNPA since the onset of the war, it said, adding that the vessel brought in 15,400 tonnes of LPG. "The vessel, its cargo, and every member of the crew are all safe and secure. This arrival highlights the ability of maritime operations to function amid complex geopolitical conditions while ensuring the steady supply of essential LPG to the nation," it said. The facility, also known as

India's governance excels in emergencies, but falters in long term reforms

India must seize the current energy crisis to reorient policymaking for long-term benefits

Govt hikes LPG allocation to 70% for pharma, food and agri sectors

LPG allocation raised to 70 per cent for key industrial sectors, with cap of 0.2 thousand tonnes per day per sector and conditions for eligibility

Indian refiners begin talks for cargo via Hormuz, await shipping cos' nod

Indian oil companies are expected to prioritise LPG supplies from the region as refiners await shipping firms' approval to resume cargo movement through the Strait of Hormuz

LPG imports in April, May a concern owing to shipping woes, availability

Shipping is the biggest obstacle for India in source fuels

QSR stocks fall as supply issues raise risk of earnings downgrades

LPG supply disruptions and weak demand trends weigh on QSR stocks, raising concerns over earnings outlook and potential downgrades

Govt doubles 5-kg LPG cylinder supply for migrant labourers amid shortage

Move aims to ease LPG shortage for migrant workers as supply disruptions from West Asia prompt the government to prioritise domestic consumption

LPG crisis may reduce India's sugar consumption by 400K tonnes: ISMA chief

Centre rules out banning sugar exports; says no proposal to lower edible oil import duties

Relief for migrant workers as govt doubles daily limit of 5kg LPG cylinder

Decision follows reports of migrant workers returning back to their homes due to LPG shortages; authorities aim to stabilise supply and streamline distribution through state-run channels

RBI policy expectations: Safeguarding growth amid a supply shock

With limited policy space amid a global supply shock, RBI is likely to hold rates, balancing inflation risks with the need to protect growth

West Asia conflict: Only 2 Indian-flagged LPG vessels in Strait of Hormuz

State-run refiners defer maintenance and ramp up LPG output as vessels clear Strait of Hormuz, while government tightens supply monitoring amid ongoing West Asia tensions

West Asia crisis: Maha ACS says no shortage of fuel, LPG supply stable

The Maharashtra government on Monday said there is no shortage of petroleum products in the state amid the West Asia crisis and asked people to avoid panic buying. The state had faced challenges in LPG supply due to dependence on imports from Gulf countries, but the situation is now improving with calibrated policy measures by the Union government, Additional Chief Secretary (Food and Civil Supplies) Anil Diggikar asserted. Addressing a joint press briefing, he said, "Petrol and diesel stocks are adequate in the state. The situation has stabilised. LPG supply to the commercial sector has also been partially restored." Controller of Rationing and Nodal Officer (Crisis Management for Integrated Food Supply) Chandrakant Dange said LPG supply to commercial cylinder distribution was halted initially on the Centre's directives. "Subsequently, phased relaxation was introduced. First, 20 per cent allocation was allowed for essential services such as hospitals, schools, orphanages, ...

Rahul Gandhi slams govt over LPG crisis, likens response to Covid handling

Congress leader Rahul Gandhi on Monday alleged that Prime Minister Narendra Modi has dealt with the "LPG gas crisis" just like it handled the COVID-19 pandemic as it is "devoid of policy, full of grand announcements", and places the "entire burden" upon the poor. The Leader of Opposition in the Lok Sabha asked why it is always the poor who perish first in every crisis and urged people to not remain silent. "Modi Ji had said: 'We will handle the LPG gas crisis just like we handled COVID. And indeed, that is exactly what he did. Precisely like COVID - devoid of policy, full of grand announcements, and placing the entire burden upon the poor," Gandhi said in a post in Hindi on X. For migrant labourers earning a daily wage of Rs 500-800, cooking gas has become completely unaffordable, he said. A labourer returning home at night does not even have the money to light the stove, he said. "The result? Abandon the city; flee back to the village. The very labourers who serve as the backbone

West Asia crisis: Two more Indian-flagged LPG ships exit the Gulf

A third vessel, Jag Vikram, is still in the west of the Strait of Hormuz, according to ship tracking data

West Asia war: Trump's expletives-laden threat meets Iran's 'in-kind' reply

Donald Trump sets a deadline on Hormuz access as Iran warns of retaliation while ceasefire talks gather pace. Here are the top developments

West Asia conflict: Another Indian LPG vessel crosses Strait of Hormuz

7 Indian-flagged ships have crossed the strait so far; number of stranded vessels down to 17 from 28 at start of war