Overview
- The oil ministry, which updated the situation on Sunday, said deliveries topped 5.5 million LPG refills on Saturday and reported ample petrol and diesel stocks nationwide.
- Two LPG carriers — BW TYR bound for Mumbai on March 31 and BW ELM for New Mangalore on April 1 — cleared the Gulf and are sailing to India with about 94,000 tonnes of cargo.
- The government is shifting households to piped natural gas, adding about 290,000 connections in March and noting roughly 6,000 users gave up LPG where PNG is available.
- To cushion prices and secure supply, the Centre cut excise duty on petrol and diesel by Rs 10 per litre and prioritized gas for homes and transport with tighter checks on diversion.
- Ground reports show commercial LPG is still tight in some states, forcing small restaurants to scale back menus and pay steep premiums, as global crude stays above $100 with Strait of Hormuz traffic still constrained.