New Delhi, March 10 -- Indian refiners have ramped up daily domestic production of liquefied petroleum gas (LPG) by around 10% in the past few days in the face of a supply squeeze from the US-Iran war, two people aware of the development said.
The refiners have also secured 20 very large gas carriers (VLGC) carrying around 1 million tonne (mt) cargo, mostly from the US, the people said on condition of anonymity.
However, the country is still short of another 20 VLGCs-totalling 2 mt-which Indian oil marketing companies (OMCs) have been scouting for since the war broke out on 28 February, these people added.
"Production has already gone up by 10%," the first person cited above said, adding that India is looking at sourcing more LPG from ...
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