Government oil companies (OMCs) are now preparing to fill 10 kg gas in 14.2 kg LPG gas cylinders used in homes. Its objective is to make the limited stock available to as many families as possible. Along with this, cylinder prices can also be reduced. Amidst the ongoing war between America and Israel with Iran, Iran recently launched missile attacks on energy targets in the Middle East. Due to the damage caused to the plant and closure of the Hormuz route, the shortage of LPG gas in India may increase further. For this reason the oil companies have taken this decision. 10KG gas will last for a month. According to the Economic Times report, oil companies believe that a 14.2 kg cylinder lasts for an average of 35 to 40 days. If only 10 kg of gas is filled in it, then the work of a family will last for about a month. The gas saved due to this can be supplied to those houses where there is shortage. Companies are currently left with less options because new consignments are not coming from Gulf countries. Cylinder prices will also be reduced, stickers will be used for identification. If this scheme is implemented, cylinder prices will also be reduced in the same proportion. Currently the price of 14.2 kg cylinder is ₹ 913 in Delhi and ₹ 912.50 in Mumbai. Customers will have to pay less for getting 10 kg gas. For identification, a new sticker will be placed on these cylinders, on which the correct quantity of gas will be written. There will be changes in bottling plants: Need to recalibrate the system. Implementing this change is not so easy. Bottling plants will have to reset their weighing systems. Besides, many regulatory approvals will also be required for this. Officials fear that this sudden change may create confusion and opposition among the people, especially when elections are near in some states. Supply situation is worrying: 6 tankers stranded in the Persian Gulf Sujata Sharma, Joint Secretary of the Petroleum Ministry, said several times last week that the supply of LPG is ‘worrying’ and it is necessary to save it. India imports 60% of its LPG requirement, of which 90% came from Gulf countries. Last week, two ships arrived in India from the Hormuz route, carrying only one day’s worth of gas. At present, 6 gas tankers of India are stranded in the Persian Gulf and are waiting for the way to open. 2 reasons for increase in crude and gas prices 1. Qatar’s Ras Laffan plant closed. Qatar’s Ras Laffan has suffered a lot due to Iran’s drone attacks. It is the world’s largest LNG hub and about one-fifth (20%) of the global supply comes from here. After the attack, this plant is currently closed. Due to this the supply has stopped. 2. Almost closure of ‘Strait of Hormuz’ The biggest challenge for India is the closure of ‘Strait of Hormuz’. This is about 167 km long waterway, which connects the Persian Gulf to the Arabian Sea. Due to Iran war this route is no longer safe. In view of the danger, no oil tanker is passing through there. 20% of the world’s total petroleum passes through here. Countries like Saudi Arabia, Iraq and Kuwait also depend on it for their exports. India sources 50% of its crude oil and 54% of its LNG requirement through this route. Iran itself exports through this route. Now the government has taken these steps regarding the LPG crisis ———————– Also read this news… LocalCircles’ claim – 20% people are buying cylinders in black: Have to pay up to ₹ 4,000 more, gas is not reaching 68% of the houses on time. Due to the shortage of LPG, black marketing of cylinders has increased in the country. Due to shortage of gas and delay in delivery, about 20% of the families in the country have to buy cylinders in black. For this, people have to pay up to Rs 4000 for a domestic cylinder. This claim has been made in the survey report released by Indian survey and research firm LocalCircles. According to the report, the number of people taking black cylinders has increased by 6% compared to last week. The survey revealed that 68% of Indian households faced delays in gas delivery this week, while last week this figure was 57%. Read the full news…
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Preparation to provide 10KG domestic gas in 14KG cylinder: Prices will also decrease, oil companies plan to save stock due to Iran war
