Page 2 - Lpg Imports

Uttarakhand prepares firewood supply for businesses amid LPG shortage

Amid escalating tensions in the Middle East and the resulting disruption in gas supplies, the Uttarakhand government has begun preparations to provide firewood for commercial use if required. Uttarakhand Forest Minister Subodh Uniyal said the current situation resembles a crisis scenario. "With war-like conditions prevailing in several Middle Eastern countries, a shortage of gas cannot be ruled out," he said. To address the situation, instructions have been issued to the Uttarakhand Forest Development Corporation to ensure the availability of wood so that businesses can use it as an alternative fuel in case the gas shortage worsens. The government on Tuesday rejigged the allocation of LPG production, CNG, and piped cooking gas, which will take precedence over all other sectors using natural gas to ensure an uninterrupted supply for households and transport sectors. As the widening West Asia conflict disrupted 30 per cent of India's gas supply, the oil ministry, in a gazette ...

Hotels warn LPG shortage could persist for month, urge govt to take steps

Industry bodies have warned that unless supply stabilises soon, the hospitality sector could face widespread operational disruptions in the coming weeks

India secures additional LPG, LNG supplies from non-Hormuz routes

Indian refiners report 10 per cent increase in LPG production since government order

Restaurants consider raising prices by 20-30% amid LPG shortage

Industry face double whammy, input costs rising amid LPG shortage

Amid LPG shortage, NRAI asks restaurants to curtail menus, save fuel

Restaurant body NRAI advises members to rationalise menus, conserve LPG, and explore electric cooking alternatives after commercial cylinder supply was disrupted in parts of the country

LPG shortage: Hotels in Bengaluru, Chennai, Mumbai hotels flag disruption

Hotels and restaurants in Bengaluru, Chennai and Mumbai are struggling with LPG shortages as the West Asia conflict disrupts energy supplies, forcing many to reduce menu items or suspend operations

Commercial LPG shortage: Stocks can last only 1-2 days, say TN Hotels

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 .

Centre asks refiners to maximise LPG output amid West Asia conflict

The Centre has directed refiners to maximise LPG production and ensure supplies go only to state-run retailers for domestic use as tensions in West Asia threaten global energy flows

India-US deal: Cost, crude quality may delay gains from US energy upside

Despite a thaw in trade talks, higher costs, logistics challenges and refinery constraints may limit any near-term boost in India's crude oil, gas and LPG imports from the US

Govt may revise LPG subsidy formula as US imports push up costs

The oil companies are seeking to include US LPG prices and the much higher shipping costs from the US

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