New Delhi, March 26 -- India relies on imports for 60 per cent of its LPG demand, the majority of which comes from Gulf nations, which have been impacted the most since the Iran war.
The disruption to liquefied natural gas (LNG) due to India's largest supplier's facilities in Qatar being hit by the war has led to prioritisation of the fuel for domestic users and CNG.
The closure of the Strait of Hormuz has forced India to pivot.
While the war in West Asia has disrupted crude oil, LNG and LPG supply chains, India, with its diversified sourcing, has been able to secure enough supplies of crude oil (the raw material used to make fuels like petrol and diesel) from West Africa, Latin America and the US.
However, the government is prioritis...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.