HomeManufacturing & IndustryLPG Gas Cylinder Crisis; Stock Saving Plan

LPG Gas Cylinder Crisis; Stock Saving Plan


New Delhi1 hour ago

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Government oil companies (OMCs) are now preparing to fill 10 kg gas in 14.2 kg LPG gas cylinders used in homes. Its objective is to make the limited stock available to as many families as possible. Along with this, cylinder prices can also be reduced.

According to the Economic Times report, oil companies believe that a 14.2 kg cylinder lasts for an average of 35 to 40 days. If only 10 kg of gas is filled in it, then the work of a family will last for about a month. The gas saved due to this can be supplied to those houses where there is shortage.

In the first week of March, the price of domestic gas cylinder had increased by Rs 60.

In the first week of March, the price of domestic gas cylinder had increased by Rs 60.

LPG gas shortage may increase due to Middle East war

Oil companies no longer have many options left, because new consignments of gas from the Gulf countries (Middle-East) are not coming to India. The situation has worsened due to the ongoing war between America, Israel and Iran. Recently, Iran carried out missile attacks on energy plants there, which caused damage to gas production.

Apart from this, the Hormuz route is also closed, from where gas ships come to India. Due to this, the shortage of LPG in India may increase further in the coming days. In view of this crisis, oil companies are planning to take a decision to reduce gas in cylinders.

Cylinder prices will also reduce, stickers will be installed for identification

If this scheme is implemented, cylinder prices will also be reduced in the same proportion. Currently the price of 14.2 kg cylinder is ₹ 913 in Delhi and ₹ 912.50 in Mumbai. Customers will have to pay less for getting 10 kg gas. For identification, a new sticker will be placed on these cylinders, on which the correct quantity of gas will be written.

There will be changes in bottling plants: need to recalibrate the system

Implementing this change is not so easy. Bottling plants will have to reset their weighing systems. Besides, many regulatory approvals will also be required for this. Officials fear that this sudden change may create confusion and opposition among the people, especially when elections are near in some states.

Supply situation worrying: 6 tankers stranded in Persian Gulf

Sujata Sharma, Joint Secretary of the Petroleum Ministry, said several times last week that the supply of LPG is ‘worrying’ and it is necessary to save it. India imports 60% of its LPG requirement, of which 90% came from Gulf countries.

Last week, two ships arrived in India from the Hormuz route, carrying only one day’s worth of gas. At present, 6 gas tankers of India are stranded in the Persian Gulf and are waiting for the way to open.

2 reasons for increase in crude and gas prices

1. Qatar’s Ras Laffan plant closed

Qatar’s Ras Laffan has suffered major damage in Iran’s drone attacks. It is the world’s largest LNG hub and about one-fifth (20%) of the global supply comes from here. After the attack, this plant is currently closed. Due to this the supply has stopped.

2. Almost closure of ‘Strait of Hormuz’

The biggest challenge for India is the closure of the ‘Strait of Hormuz’. This is about 167 km long waterway, which connects the Persian Gulf to the Arabian Sea. Due to Iran war this route is no longer safe. In view of the danger, no oil tanker is passing through there.

20% of the world’s total petroleum passes through here. Countries like Saudi Arabia, Iraq and Kuwait also depend on it for their exports. India sources 50% of its crude oil and 54% of its LNG requirement through this route. Iran itself exports through this route.

Now the government has taken these steps regarding the LPG crisis

  • 6 March: A lock-in period of 21 days has been introduced for booking domestic cylinders (ie, the second cylinder will be booked only 21 days after receiving one cylinder).
  • March 9: As demand increased, the lock-in period in cities was increased to 25 days.
  • 12 March: The gap for cylinder booking for rural areas was increased to 45 days.
  • 14 March: Petroleum Ministry declared it illegal for PNG (piped gas) users to possess LPG cylinders. Now those with PNG connection will have to surrender their cylinders and will not be able to get refilling done.

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Read this news also…

LocalCircles claims – 20% people are buying cylinders in black: Have to pay up to ₹ 4,000 more, gas is not reaching 68% houses on time

Due to shortage of LPG, black marketing of cylinders has increased in the country. Due to shortage of gas and delay in delivery, about 20% of the families in the country have to buy cylinders in black. For this, people have to pay up to Rs 4000 for a domestic cylinder.

This claim has been made in the survey report released by Indian survey and research firm LocalCircles. According to the report, the number of people taking black cylinders has increased by 6% compared to last week. The survey revealed that 68% of Indian households faced delays in gas delivery this week, while last week this figure was 57%. Read the full news…

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