BPCL Expects 633 Crore Monthly Compensation for LPG Under-Recoveries Amid West Asia Crisis
India, July 29 -- Bharat Petroleum Corporation Ltd. (BPCL) expects to receive 633 crore per month from the Central Government as compensation for under-recoveries on domestic LPG sales till October. The expected support comes as rising global crude oil prices and geopolitical tensions in West Asia continue to increase the losses incurred by public sector oil marketing companies.
Key Highlights
BPCL expects 633 crore monthly compensation for LPG under-recoveries till October.
LPG compensation buffer stood at 15,804 crore as of June 30, 2026.
West Asia geopolitical tensions have pushed up global crude oil and gas prices.
Government says public sector oil marketing companies have incurred over 51,000 crore in LPG under-recoveries.
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