LPG
Coverage of LPG in the Nexus archive.
- India’s Wartime Buying Spree Leaves Behind a Cooking Gas Surplus
India's wartime purchasing activities have resulted in a surplus of cooking gas. Over 90% of India's LPG imports typically originate from the Middle East.
- Despite relief, hotels unlikely to reduce food prices soon; owners want LPG at pre-war rates
Hotels are unlikely to reduce food prices soon despite a price cut, as owners seek LPG prices to return to pre-war levels. Restaurateurs have requested OMCs to roll back LPG prices to around ₹2,000 by the end of July.
- Govt. restores commercial LPG supply, withdraws sectoral mandates
The government has restored commercial LPG supply and withdrawn sectoral mandates. The Petroleum Ministry had previously implemented supply maintenance and regulation orders during the West Asia crisis to alleviate pressure on LPG.
- LPG price hike inevitable due to global crisis: Union Minister Pralhad Joshi
The domestic LPG price has increased by ₹29 per cylinder, the second hike in three months, attributed to elevated global energy costs. Union Minister Pralhad Joshi stated that an LPG price hike is inevitable due to a global crisis.
- Philippines Removes Kerosene, LPG Taxes to Temper Food Prices
The Philippines has removed taxes on kerosene and LPG to mitigate rising food prices. The policy aims to reduce household expenses by lowering energy costs, which indirectly affects food affordability.