LPG cylinder price today, March 29: Amid the ongoing Iran-US-Israel conflict, India’s energy security is coming under pressure. The world’s fourth-largest economy depends on imports for 60 percent of its liquefied petroleum gas (LPG) demand. The near-total closure of the Strait of Hormuz has disrupted key supply chains across West Asia.
A roundtable review session on accelerating the expansion of the PNG network in urban India was held in Delhi on Saturday. The meeting, which focused on “Expansion of Piped Natural Gas (PNG) services and preservation of essential services” in urban areas, included key stakeholders who held discussions at Vigyan Bhavan, PTI reported.
During this key meeting, the advantages of PNG over LPG in terms of safety, reliability, affordability and environmental sustainability were highlighted. Barriers to expanding PNG infrastructure were also identified, including delays in municipal permits, right-of-way (RoW) approvals and high renewal fees. As the center is taking massive steps to meet consumer demand during this global energy crisis, let’s take a look at LPG prices in cities.
The center is pushing for a transition to PNG
The Ministry of Petroleum and Natural Gas issued an order on March 24 proposing that LPG supplies to households would be cut off unless consumers switched to piped natural gas where such connections are available. The measure comes against the backdrop of LPG shortages due to the war in West Asia.
To reduce dependence on a single fuel, the move aims to release LPG stocks from areas with pipeline connectivity. To ensure “fuel diversification”, the government is taking steps to divert LPG supplies to regions without PNG infrastructure.
On March 26, the Apollo Ocean LPG vessel arrived at New Mangalore Port. Another LPG carrier named Jag Vasant arrived at Vadinar port in Gujarat at 8.30 pm on March 27, Deendayal Port Authority PRO said.
“The vessel, MT Jag Vasant, carrying 47,180 metric tonnes of LPG, arrived at Vadinar last night. Its daughter vessel, Rose Gas, arrived at Vadinar this morning at 7:30 am. It will undergo a ship-to-ship transfer,” ANI quoted Deendayal Port Authority (DPA) chairman Sushil Kumar Singh as saying.
According to Sushil Kumar, 17,100 metric tonnes of the total 47,180 metric tonnes will be loaded on the subsidiary ship Rose Gas bound for Kandla port. The mothership, Jag Vasant, is ready to transport the remaining quantity to Mumbai Port and New Mangalore Port today after ship-to-ship transfer.
