India is set to receive two cargos of over 62,000 tonnes liquefied petroleum gas this week as oil companies continue to meet fuel demand despite LPG supply crunch.
The government has raised allocation of gas for the fertiliser sector from about 70% to 90% from Monday, which will be supplied to them from domestically produced natural gas.
State-run oil marketing companies are procuring energy from all available sources, with two LPG-laden vessels successfully transiting the Strait of Hormuz.
Joint secretary in the petroleum ministry, Sujata Sharma, said that LPG supply remains a concern, but supplies to domestic consumers are sufficient.
India imported 60% of its LPG requirements and 90% of that came from the war-torn West Asia, particularly Qatar.
Public sector OMCs and state governments are regularly monitoring supply situation of LPG on the ground and take action against black-marketing and hoarding.
