Natural gas a key concern despite stable LPG supplies; situation may ease by mid-April: Kotak Mahindra's Anindya Banerjee
Mumbai, March 18 -- Amid ongoing global disruptions impacting energy supplies, Anindya Banerjee, Vice President at Kotak Mahindra Securities, on Wednesday said that while India's LPG supplies remain largely secure, natural gas availability and pricing could become a major concern if the crisis persists beyond April.
Speaking to ANI, Banerjee outlined the current situation across LPG, CNG, and PNG segments, highlighting that LPG is relatively stable due to diversified sourcing and existing buffers.
"As far as the LPG is concerned, we have a leverage, we were importing close to half, 50 to 55 percent of our LPG needs but now what we are trying to do is we have asked the oil marketing companies to increase the output... we already have an ...
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