Mar 10 • 13:37 UTC 🇮🇳 India Aaj Tak (Hindi)

Is LPG stock really running out... find out how much is needed daily and what arrangements are in place?

Concerns over LPG stock in India have risen due to disruptions in oil and gas supply amidst the ongoing conflict in the Middle East, particularly affecting the Strait of Hormuz.

The ongoing conflict in the Middle East has begun to affect oil and gas supplies to India, leading to public concern about the LPG stock. Reports indicate that the blocking of the Strait of Hormuz has caused a significant drop in supply, raising fears of shortages among consumers reliant on domestic LPG. The Indian government has reassured the population that there is no need for panic, stating that alternative arrangements are being made to ensure an adequate supply of oil and gas.

Currently, India's daily gas consumption stands at approximately 19.5 crore cubic meters, while domestic production is around 10 crore cubic meters daily. However, the disruption in supply from the Strait of Hormuz has led to a 30% decrease in gas inflows, and gas shipments from Qatar have been reduced by 47%. This situation has prompted the Indian government to take action by instructing oil companies to ramp up domestic gas production to mitigate any potential shortages.

In light of these developments, the government has issued notifications to address hoarding and black market activities related to gas, emphasizing the importance of managing resources effectively. The overall message from authorities stresses the importance of remaining calm as the government navigates the complexities of the current supply challenges stemming from international tensions, ensuring that the country remains supplied during this critical period.

📡 Similar Coverage