Government Cracks Down on LPG Hoarding, Seizes Over 15,000 Cylinders
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New Delhi, March 17 (NationPress) On Tuesday, the government announced that it has executed 12,000 raids, confiscating over 15,000 LPG cylinders to combat hoarding amidst rumors of shortages and panic purchases. Officials insist there is no supply shortage nationwide.
Sujata Sharma, Joint Secretary of the Petroleum and Natural Gas Ministry, emphasized that LPG supply is sufficient despite a surge in demand.
With approximately 70,000 bookings recorded on Monday alone due to panic buying, she urged consumers to refrain from unnecessary orders and explore alternative arrangements when possible.
Sharma highlighted the high rate of digital adoption, noting that nearly 94 percent of domestic LPG bookings are made online. She encouraged consumers to utilize online platforms and avoid demand driven by panic.
Moreover, she mentioned that compliance with the Delivery Authenticity Code (DAC) has risen to 76 percent.
Several states, including Bihar, Delhi, Haryana, Rajasthan, Manipur, Gujarat, Himachal Pradesh, Karnataka, and Uttarakhand, are taking measures to allocate non-domestic LPG for essential services.
In related news, Special Secretary for Shipping, Rajesh Kumar Sinha, confirmed that all 22 vessels and Indian crew members in the Gulf region are safe, with 161 Indian nationals repatriated in the last 24 hours.
Regarding incoming supplies, Sinha stated that the LPG carrier Nanda Devi reached Kandla port early Tuesday morning, with cargo being transferred from larger vessels to smaller ships for further distribution. This follows the docking of another LPG carrier, Shivalik, at Mundra port on Monday.
The arrival of these shipments coincides with a period when global energy markets are experiencing disruptions due to the ongoing conflict in Iran, heightening concerns over LPG availability.
Furthermore, the government disclosed that India has begun sourcing LPG from various global channels, including the United States, to diversify its supplies amid the ongoing Middle East conflict.