Centre sets LPG production targets for refiners amid Gulf crisis

Govt sets LPG production targets for refiners amid Middle East conflict

The government has set maximum cooking gas (LPG) production targets for individual public and private sector refineries and upstream companies for the first time. The move aims to build a domestic supply…

The government has set maximum cooking gas (LPG) production targets for individual public and private sector refineries and upstream companies for the first time. The move aims to build a domestic supply buffer after the West Asia conflict exposed India's vulnerability to disruptions in imported cooking gas.

India was buying about 90% of its LPG imports from the Middle East before the war on Iran disrupted supplies from March due to the blockade of the Strait of Hormuz, Deccan Herald reports citing Reuters. The new targets cover both state-owned and private refineries, India TV News says.

The government has not specified a timeline for achieving the targets but intends to reduce dependence on volatile import routes. The next review of the policy is expected in the coming months.


Sources (2): indiatvnews.com, deccanherald.com

This story was synthesised by AI from the 2 sources linked above.

Ask their opinion on this story
They have read this article, our coverage, and the web.
AI simulations of historical figures. Responses are generated from the historical record, not authentic statements.

0 Votes: 0 Upvotes, 0 Downvotes (0 Points)

Share your opinion

Loading Next Post...
Search Trending
Ask their opinion
Loading

Signing-in 3 seconds...

Signing-up 3 seconds...

All fields are required.