With fuel shipments through the Strait of Hormuz expected to remain suspended due to the ongoing conflict in West Asia, and India facing a shortage of liquefied natural gas (LNG) reserves, the Center is tackling the situation by various possible means. How is India tackling the LPG crisis? Essential Commodities Act The government on Monday…
The Center on Monday invoked the Essential Commodities Act, 1955 to divert natural gas to “priority” sectors, with fuel shipments via the Strait of Hormuz now halted due to conflict and with the country’s liquefied natural gas reserves in short supply. The order, issued by the Ministry of Petroleum and Natural Gas, directed that sectors…
A social media post by a 23-year-old investor from Uttar Pradesh’s Varanasi has triggered a lively online debate after he attempted to calculate the daily earnings of LPG cylinder delivery workers. The discussion comes at a time when LPG prices have risen across several Indian cities, partly due to global supply disruptions linked to the…
Delhi-NCR based gas distributor Indraprastha Gas Limited has issued a notice that it is slashing gas supply to all restaurants in the national capital region by 20%, effective immediately, in line with the Centre’s order on supply to priority sectors. Restaurants received the notice dated 9 March on email, with the cut effective from 6…
Hotels and restaurant owners in Tamil Nadu, speaking to news agency PTI about the ongoing shortage of commercial cooking gas cylinders amid the war in West Asia, said the developments are triggering memories of the Covid-19 crisis when lockdowns were imposed. Several southern cities, including Chennai and Bengaluru, have raised concerns over a shortage of…
The war in West Asia is knocking on India’s kitchen. Strait of Hormuz closed, LPG tankers stranded and then the government was forced to remove a law which is rarely used in the oil sector. The government implemented the Essential Commodities Act, 1955 i.e. ECA on 5 March 2026. The Petroleum and Natural Gas Ministry…
The Central government on Tuesday invoked the Essential Commodities Act, 1955 in order to maintain natural gas supplies amid supply shortages due to the ongoing conflict in the Middle East. According to the order, the supply of natural gas to certain sectors shall be treated as priority. These sectors include Domestic Piped Natural Gas supply,…
Data from Kpler indicates continued availability of Russian cargoes in the Indian Ocean and Arabian Sea region, including volumes in floating storage. Sumit Ritolia, its lead research analyst, refining & modeling said, “Indian refiners had already been importing around 1 million barrels per day of Russian crude in recent months, meaning the waiver effectively acts…
