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Good News for Domestic LPG Users! Govt Shares Crucial Update Amid Iran War, G7 Meet over Releasing Oil Reserves
- On Monday, the Petroleum Ministry extended the minimum LPG booking interval from 21 to 25 days to ensure domestic LPG consumers get fair, timely supply and curb hoarding.
- Amid West Asia tensions, authorities tightened LPG distribution, ordered refineries to boost production and sought extra supplies from Algeria, Australia, Canada and Norway, with six-eight weeks of stocks noted last Tuesday.
- After the recent hikes, household cylinder costs climbed across major metros: Delhi's 14.2 kg non-subsidised cylinder now Rs 913, up from Rs 853, with Mumbai at Rs 912.50, Kolkata at Rs 939, and Chennai at Rs 928.50.
- Commercial users face curtailed supplies, with a three-ED OMC committee reviewing requests and some Bangalore Hotels Association members warning of shutdowns on Tuesday.
- Officials say petrol and diesel prices will remain stable unless crude crosses USD 130 per barrel, with India importing 88% of its crude, raising inflation risks if prices surge.
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LPG refill booking period extended to 25 days to prevent hoarding amid West Asia tensions
The government has extended the gap between LPG cylinder bookings from 21 days to 25 days. The Petroleum Ministry clarified that this change ensures that domestic households get a fair and timely supply of LPG. Officials noted that some consumers had been booking cylinders much earlier than allowed, creating the risk of shortages in certain areas. “Domestic consumers will always be a priority,” government sources cited by various media reports s…
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Total News Sources24
Leaning Left2Leaning Right7Center2Last UpdatedBias Distribution64% Right
Bias Distribution
- 64% of the sources lean Right
64% Right
L 18%
C 18%
R 64%
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