NEW DELHI: India\u2019s largest oil refiner and fuel retailer IndianOil has tied up 50% more supplies of bulk LPG for April and May to ensure uninterrupted availability for cooking gas refills for households.
\nIndia is the second-largest consumer of LPG in the domestic sector and imports large quantities to make up for limited capacity of state-run refineries to produce the fuel, though the country is a net exporter of petroproducts. Nearly 90% of the imported LPG comes from OPEC countries, with Saudi Arabia and UAE topping the list. Oil minister Dharmendra Pradhan has been connecting with his Saudi and UAE counterparts — among other — in the last few days to seek additional supplies of the fuel.
\nLPG supplied in 14.2-Kg cylinders is the main cooking fuel for households in India. LPG demand has increased nearly 2% in March, bucking the trend of demand for all other fuels \u2013 such as petrol, diesel and jet fuel \u2013 altogether showing an 18% drop, the lowest in a decade, as the lockdown to check coronavirus spread put serious curbs on economic activities across sectors. LPG consumption has been boosted by families being confined to their homes.<\/p>\n","protected":false},"excerpt":{"rendered":"
NEW DELHI: India\u2019s largest oil refiner and fuel retailer IndianOil has tied up 50% more supplies of bulk LPG for April and May to ensure uninterrupted availability for cooking gas refills for households. India is the second-largest consumer of LPG in the domestic sector and imports large quantities to make up for limited capacity of state-run refineries to produce the fuel, though the country is a net exporter of petroproducts. Nearly 90% of the imported LPG comes from OPEC countries, with Saudi Arabia and UAE topping the list. Oil minister Dharmendra Pradhan has been connecting with his Saudi and UAE […]<\/p>\n","protected":false},"author":44,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,219,137],"tags":[],"class_list":["post-346327","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-oil-gas-the-times-of-india","category-the-times-of-india"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/346327","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=346327"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/346327\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=346327"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=346327"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=346327"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}