Lpg Imports

LPG deal with US likely to shield India from geopolitical shocks

India's decision to import LPG from the US helps it to diversify sources as it reduces almost full reliance on West Asian countries for supply of the country's primary cooking fuel

India signs first LPG term deal with US to import 2.2 mt of cooking gas

Development comes at a time when negotiations for India-US BTA gather steam

Indian refiners target cheaper US LPG imports with help from China tariffs

Advent of US LPG will enhance India's security of supply

Pradhan Mantri Ujjwala Yojana: Govt mulls fourth expansion of LPG scheme

2.67 mn applications pending nationwide for induction into PMUY

Petregaz India commissions its Rs 600 cr LPG import and storage terminal

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 LPG cylinder rate cut by Rs 39; price of domestic LPG unchanged

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 ...

After domestic LPG price reduction, commercial LPG prices cut by Rs 158

In a major relief to LPG consumers, Public sector Oil Marketing Companies (OMCs) have slashed the price of 19 KG commercial LPG gas cylinders by Rs 158

India may face tech, logistical snags as it tries to explore CNG imports

The government's draft policy encouraging imports in compressed form over LNG ignores major technological and logistics hurdles

Mumbai, Kandla ports clog as OMCs clamour for select ports for LPG imports

This subsidy is not available for imports done at other ports and so there is a clamour to get the ships only at these ports, four industry sources with direct knowledge of the matter said

Asia to import record LPG in 2020 amid uptick demand for protective gear

Strong Asian demand could weigh on supplies in coming months just as Europe is likely to step up purchases of the fuel for heating in winter, an industry source in Singapore said

Coronavirus lockdown: IOC raises LPG imports by 50% amid rise in demand

The company said that the move was to ensure uninterrupted availability of bulk LPG for its bottling plants.

India gears up for LPG shortage following attacks on Saudi Aramco

A shortfall in assured LPG supply from Saudi Arabia has created a huge booking backlog across states such as Maharashtra, Karnataka, Punjab and Goa

NGC Energy to set up Rs 400 cr LPG import and storage unit at Krishnapatnam

The refrigerated terminal will have a storage capacity of 30,000 tonnes and a throughput capacity of 1.4 mn tonnes a year for servicing public sector and private sector firms in the hinterland

Clean fuel focus in India may open its door for US LPG imports

30.5 million new connections were given under the plan by October 2017