According to the latest update provided by the Central Government, India’s stocks of crude oil, petrol, and diesel are currently at a “comfortable” level. The Ministry of Petroleum states that sales at petrol pumps are proceeding normally without any shortages; therefore, the public need not be alarmed. However, the supply of cooking gas (LPG) remains somewhat “tight.” The government is currently taking several measures to rectify this situation. Specifically, since March 5th, India’s LPG production has increased by 36%, rising to a daily output of 50,803 tonnes. Furthermore, ships such as the ‘Shivalik’ and ‘Nanda Devi’—carrying LPG imported from abroad—are currently arriving at Mundra Port. Consequently, the government has urged the public to refrain from unnecessary “panic booking” driven by fears that cylinders might become unavailable. Similarly, State Governments are taking strict action against individuals engaging in hoarding. Although the situation remains somewhat tight at present, it is expected that LPG supplies will return to normal very soon.
LPG Supply Crisis: Do Not Engage in ‘Panic Booking’ – Central Government!!!
