Amidst the tension in the Middle East, a big relief news has emerged for India. The concern regarding the supply of LPG, which was increasing for the last few weeks, now seems to be reducing to some extent. Central Government Minister Sarbananda Sonowal said that another tanker carrying LPG has safely crossed the Strait of Hormuz.
Giving information about this achievement, the Union Minister told X Post, “Update on Indian shipping operations. Indian flag ship JAG VIKRAM, carrying 24 Indian crew members, has successfully exited the Persian Gulf area on 11 April.”
Also read: US naval ships retreat after Iran’s warning, Trump’s threat on Hormuz Strait ineffective
America A two-week ceasefire is in effect between India and Iran and the Strait of Hormuz has been partially opened for ships. Meanwhile, this tanker named ‘Jag Vikram’ crossed this important sea route between Friday night and Saturday morning.
LPG tanker reaches Gulf of Oman
The ship has currently reached the Gulf of Oman and is moving further east. It is a mid-sized gas carrier, with a capacity of about 26,000 tonnes. It is estimated that about 20,000 tonnes of LPG is loaded in it, which is a very important supply for India. In fact, when the war started in West Asia, the Strait of Hormuz was completely affected. This is the same sea route through which about 20 percent of the world’s oil and a large amount of gas supply passes. The closure of this route caused huge turmoil in the global energy market.
India dependent on Hormuz for supplies
Its impact on India was even greater, because the country is largely dependent on imports for its energy needs. India imports about 90 percent of its crude oil, about half of its natural gas and about 60 percent of its LPG from outside. In this also, most of the supply comes from the Gulf countries, which passes through the Strait of Hormuz. This was the reason that when this route was closed, the concern regarding gas supply in India increased. As a precautionary measure, the government had reduced LPG supply to hotels, restaurants and other commercial users, so that domestic needs could be given priority.
Gas supply affected in India
Besides, the supply of gas was also reduced for the industries, so that the supply of CNG and piped gas to homes could be maintained. Limited quantity of gas was also being supplied to fertilizer industries. However, now gradually the situation has started becoming normal. The safe release of ‘Jag Vikram’ is a big sign in this direction. This is the ninth Indian ship to exit the Persian Gulf since the beginning of March. There are still about 15 Indian ships stranded in this area, waiting for the right opportunity.
Also read: Will war start again or will peace continue? US-Iran direct talks in Islamabad, PAK also included
Foreign ships also stranded in Hormuz Strait
Hundreds of foreign ships are also stranded in this area. According to statistics, there are still more than 400 tankers and dozens of LPG and LNG vessels in this area, which were affected due to war. However, now after the ceasefire the situation is gradually improving. India has also made arrangements for gas from alternative sources, due to which the supply pressure has reduced. Fertilizer plants are now getting more gas than before and the supply to other industries is also gradually being increased.
The government has instructed gas distribution companies in cities to insist on providing piped gas connections to commercial establishments, so that dependence on LPG can be reduced. If more ships come out safely in the coming days, then the gas supply in the country can become completely stable. At present, this news has assured millions of people that the threat of shortage of LPG seems to be averted.
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