As LPG shortages disrupt kitchens amid West Asia tensions, induction cooktops are gaining ground. Here's a practical guide to choosing the right model for Indian cooking needs
At least 8 oil tankers, including 7 with Russian crude, diverted mid-voyage from China to India
War-hit routes and contract-locked supplies squeeze availability
Shipping constraints through the Strait are expected to persist in the near term, with global supply adjustments taking time
Cooking gas LPG consumption in India fell by a steep 17.7 per cent in the first half of March on the back of supply disruptions due to war in West Asia, preliminary industry data showed. LPG consumption fell to 1.147 million tonne during the first fortnight of March, 17.3 per cent lower than 1.387 million tonne consumed in the same period last year and 26.3 per cent lower than 1.557 million tonne demand in the first half of February. India imports about 60 per cent of its LPG requirements, much of it via the Strait of Hormuz, which has been effectively shut following US and Israeli strikes on Iran and Tehran's retaliation. With supplies from Saudi Arabia and the United Arab Emirates disrupted, the government has cut LPG supplies to commercial establishments like hotels, and industries to safeguard household cooking gas availability. Preliminary sales data of three state-owned fuel retailers, who control roughly 90 per cent of the market, showed LPG consumption during March 1 to Mar
Survey by LocalCircles found that households are rushing to buy induction cooktops, as delays in cylinder deliveries and supply disruptions linked to the West Asia conflict raise concerns
Indian LPG carriers Shivalik and Nanda Devi crossed the Strait of Hormuz safely and are sailing towards Mundra and Kandla ports, officials said amid tensions in the Gulf region
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 survey, conducted by LocalCircles, found that a majority of households reported difficulties in obtaining cooking gas cylinders over the past seven days
India relies heavily on LPG imports from West Asia routed through the Strait of Hormuz. The ongoing conflict has forced the Centre to divert domestic output to protect households
Tensions in West Asia, if sustained, could test the goldilocks mix of robust growth and stable inflation, Nomura said in a recent note.
Industry bodies have warned that unless supply stabilises soon, the hospitality sector could face widespread operational disruptions in the coming weeks
The prices of domestic LPG and commercial cylinders were hiked by a steep Rs 60 and Rs 114.5, respectively, amid rising energy costs linked to the West Asia conflict. Non-subsidised LPG, the one that common household users other than the Ujjwala beneficiaries use in their kitchens, will now cost Rs 913 per 14.2-kg cylinder in Delhi as against Rs 853 previously, according to the Indian Oil Corporation (IOC) website. This is the second increase in prices in less than a year. Industry officials said the increase follows a steep rise in global energy prices since the breakout of military conflict in West Asia. Despite the price increase, cooking gas in India is priced at the lowest when compared with neighbouring countries, they said. The price increase, the website showed, is effective from March 7. This is the second increase in rates in 11 months. Prices were last hiked by Rs 50 in April last year. In Mumbai, non-subsidised LPG now costs Rs 912.50, Rs 939 in Kolkata and Rs 928.50
With the latest price hike, the price of a 19-kg commercial cylinder in Delhi has now jumped to ₹1,691.50, whereas in Mumbai, it has increased from ₹1,531.50 to ₹1,642.50
Aviation Turbine Fuel (ATF) prices were raised by 5.4 per cent on Monday, while commercial LPG rates were cut by Rs 10 per cylinder as state-owned oil companies announced their monthly price revision in line with global trends. ATF prices in Delhi increased by Rs 5,133.75 per kilolitre to Rs 99,676.77 per kl, marking the third consecutive monthly hike, according to state-owned fuel retailers. Rates had risen by about 1 per cent on November 1 and by 3.3 per cent on October 1. The latest increase is expected to add pressure on airlines, for which fuel accounts for nearly 40 per cent of operating costs. No immediate comments could be obtained from the airlines on the impact of the price change. In Mumbai, ATF was revised to Rs 93,281.04 per kl, while prices in Chennai and Kolkata were raised to Rs 1,03,301.80 and Rs 1,02,371.02 per kl, respectively. Fuel prices vary across cities due to local taxes. Alongside, the price of a 19-kg commercial LPG cylinder used by hotels and restaura
Oil marketing companies have increased the price of the 19 kg commercial LPG cylinder by up to ₹15 starting October 1
PNGRB has proposed a new framework for guaranteed 24-hour LPG delivery, allowing consumers to receive cylinders from any distributor if the primary one fails to deliver
Oil sector regulator PNGRB has ordered city gas retailers to charge a uniform price for natural gas they pipe to household kitchens for cooking purposes, regardless of consumption levels, as it looks to curb the tendency of companies to charge a higher rate beyond a usage threshold. The government allocates natural gas priced at lower than market rates, called APM gas, to city gas retailers for sale to households as piped natural gas (PNG). Since the allocation is made by the government at sub-market price, the expectation is that the city gas retailers will pass on the benefit to users. While gas meant for household kitchens is priced at lower than market rates, the same supplied to commercial establishments, like hotels, is to be priced at the market rate. The Petroleum and Natural Gas Regulatory Board (PNGRB) in a notice said it has come to light that "certain city gas distribution (CGD) entities are implementing a telescopic pricing structure for piped natural gas (PNG) domestic