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The India gas crisis has taken a serious turn, as several Indian vessels remain stranded near the Strait of Hormuz amid escalating tensions in the Middle East. India has now sought safe passage for 22 vessels stuck west of the strait, highlighting growing concerns over energy security and supply disruptions. The situation, however, showed a small…
India LPG production has increased by around 10% as Indian refineries ramp up output amid concerns over commercial LPG shortages triggered by the ongoing West Asia conflict. According to government officials, refineries operated by Indian Oil, Bharat Petroleum, and Hindustan Petroleum have increased production to stabilise supply across the country. India LPG Production Increased to…
LPG price hike India has pushed the cost of domestic cooking gas higher after the government increased the price of a 14.2-kg cylinder by Rs 60. The increase reflects rising global energy prices triggered by geopolitical tensions in West Asia. With this revision, LPG price hike India will raise the cost of a domestic cylinder…
India LPG demand continue to grow as the country expands household gas connections and boosts clean cooking fuel access. India LPG demand could also benefit from rising US LPG exports and evolving global trade routes, including a proposed pipeline project across Panama. Shipping experts say the pipeline plan is unlikely to disrupt LPG shipping demand and…
India LNG supply remains stable, and the government has confirmed that there is currently no shortage of LPG or liquefied natural gas in the country. Officials said India has sufficient stocks of crude oil and natural gas, while fresh supplies are arriving regularly. Government sources stated that India’s energy position remains comfortable. Authorities are also…
India LPG imports may decline sharply this week. Rising tensions in the Middle East have disrupted shipping routes near the Strait of Hormuz. As a result, several LPG cargoes are stranded. According to market analytics firm Vortexa, multiple India LPG imports vessels are waiting near Ras Laffan. Some ships are avoiding the Strait of Hormuz…
European propane prices surged by more than $100 per tonne on Monday as tensions in the Middle East raised fears of supply disruption. The sharp rally in European propane prices reflects growing concern over shipping risks near the Strait of Hormuz. The move significantly outpaced gains in crude oil, underlining strong bullish momentum in the…
