India Readies Big LPG Output Boost as Hormuz Uncertainty Lingers
India is directing state-owned and private refiners to significantly increase domestic liquefied petroleum gas (LPG) production to reduce dependency on imports amid geopolitical tensions affecting the Strait of Hormuz. This strategic move aims to secure cooking gas supplies for the nation as the Iran conflict creates uncertainty over the critical shipping route through which 90% of India's LPG imports currently flow.
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India Readies Big LPG Output Boost as Hormuz Uncertainty Lingers
India is directing state-owned and private refiners to significantly increase domestic liquefied petroleum gas (LPG) production to reduce dependency on imports amid geopolitical tensions affecting the Strait of Hormuz. This strategic move aims to secure cooking gas supplies for the nation as the Iran conflict creates uncertainty over the critical shipping route through which 90% of India's LPG imports currently flow.
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