Domestic LPG Supply Remains Steady Amid Global Tensions
Synopsis
Key Takeaways
New Delhi, March 22 (NationPress) - The supply of domestic LPG cylinders is currently stable, with a notable decrease in panic bookings. The Ministry of Petroleum and Natural Gas reported on Sunday that the government has enhanced commercial LPG allocations to various states, in light of global disruptions stemming from the ongoing conflict in the Middle East.
Priority has been given to essential sectors such as educational institutions and hospitals, receiving approximately 50% of the total commercial LPG allocation. Moreover, an additional 20% will be directed towards industries like restaurants, dhabas, hotels, industrial canteens, food processing units, dairy operations, and food canteens managed by state governments or local authorities.
States are encouraged to expedite the establishment of new PNG connections for both residential and commercial users. Additionally, ongoing operations are underway across states and Union Territories to combat LPG hoarding and illegal market activities.
The ministry's update emphasized, "Given the closure of the Strait of Hormuz, measures have been implemented to secure a consistent supply of petroleum products and LPG throughout the country. All refineries are functioning at peak capacity, backed by sufficient crude reserves. The nation is also ensuring adequate stocks of petrol and diesel, with domestic LPG production maximized from refineries."
Oil Marketing Companies (OMCs) have reported no incidents of fuel shortages at retail outlets. The government has reiterated its guidance for the public to avoid panic buying, assuring that ample stocks of petrol and diesel are being consistently supplied.
The situation in West Asia remains under close observation as the government continues to take proactive measures to ensure readiness and response across critical sectors.
On the natural gas front, essential sectors are assured of their supply with a full 100% allocation to domestic PNG for household cooking and CNG for vehicles. Supplies to industrial and commercial users connected to the grid are currently at 80% of their average consumption.
Compressed gas distribution (CGD) entities have been instructed to prioritize PNG connections for commercial outlets, including restaurants, hotels, and canteens in all areas, to address concerns over the availability of commercial LPG.
Companies like IGL, MGL, GAIL Gas, and BPCL are offering incentives for both domestic and commercial PNG connections. Additionally, the Petroleum and Natural Gas Regulatory Board (PNGRB) has directed CGD entities to expedite the process from application submission to the start of gas supply for consumer households.
The Centre has also urged states and UTs to hasten the approval of applications necessary for the expansion of the CGD network.