Indian Oil to import more LPG to meet additional demand

Indian Oil Corporation Limited (IOCL) has tied up additional imports of cooking gas (Liquefied Petroleum Gas or LPG) for April and May, to meet the higher demand that may arise in the course of the ongoing Covid-19 crisis.

A company statement said that IOCL will be importing about 50 per cent more LPG to ensure uninterrupted availability of bulk LPG for its bottling plants.

IndianOil is also taking steps to increase LPG production in its major refineries by optimising operations, improving LPG yield in LPG producing units. “The Corporation’s LPG bottling plants too are working extended hours, operating night shifts and on public holidays and Sundays, to meet the growing demand. The transport infrastructure linking the plants to the distributors has also been optimised for quick turnaround of cylinders,” the statement said.