India's LPG supply remains stable and adequate, despite ongoing geopolitical developments in West Asia impacting global energy markets. Indian Oil, the country's largest oil refiner, has maintained an uninterrupted LPG supply to households and is currently delivering around 28 lakh LPG cylinders daily, which is consistent with normal delivery levels prior to the onset of current geopolitical tensions.
Indian Oil has encouraged customers to use digital modes such as SMS and IVRS for booking LPG refills. The company has reported that, at present, nearly 87 per cent of bookings are received through digital platforms. This shift towards digital bookings has not only streamlined the process but also helped in minimizing manual errors and delays.
Reports of malpractices by certain LPG distributors have been noted through social media and customer complaints. To curb black marketing and hoarding, multiple cross-functional teams have been deployed to conduct surprise inspections of LPG distributorships. These teams have conducted more than 7,500 inspections, and action has been taken against 141 LPG distributors found guilty of malpractices.
India's energy security is a top priority, and the government is taking all necessary steps to ensure a stable and adequate supply of LPG to households. The country's energy market is highly dependent on imports, and any disruption in global energy markets can have a significant impact on the domestic supply chain.
