Topic
lpg
Commodities Commercial LPG prices drop: 19-kg cylinder rate cut by ₹202 in Delhi, ₹209 in Kolkata
A 19-kg commercial LPG cylinder price was cut by ₹202 in Delhi and ₹209 in Kolkata effective Saturday, according to The Hindu Business Line. Kolkata's price is now ₹2,872.50, while domestic cylinder prices remain unchanged. The reduction follows a July cut of ₹183.50 that brought Delhi's 19-kg price to ₹2,930.
Commodities Commercial LPG Prices Cut by Over Rs 200; Delhi, Kolkata 19-kg Cylinder Rates Published
Commercial LPG prices in India were cut by over Rs 200 per 19-kg cylinder, according to a Business Today report dated August 1, 2026. Authored by Trisha Mahajan, the report published revised rates for Delhi and Kolkata. The extracted source text did not include the exact per-cylinder figures.
Logistics Indian Oil to Acquire 50% Stake in VLGCs as US LPG Imports Surge
Indian Oil Corporation plans to acquire a 50% stake in very large gas carriers (VLGCs) as it prepares to increase LPG imports from the United States. The move responds to a sharp rise in US LPG purchases—volumes in June were 145% higher than February—while Middle Eastern supplies decline. The tender targets vessels of 80,000-93,500 cubic metres, with bids due September 7.
Commodities India Plans to Source Up to Quarter of 2027 LPG Imports From United States, Sources Say
India plans to buy up to a quarter of its liquefied petroleum gas (LPG) imports from the United States in 2027, according to three sources. The move would reduce dependence on the Middle East and help secure a trade deal with Washington. State refiners Indian Oil Corp, Bharat Petroleum Corp and Hindustan Petroleum are expected to issue tenders within one to two months for US LPG supplies.
Commodities India's Strategic Reserves Strategy: Crude Oil, LPG, and LNG for Energy Security
India is strengthening its energy security with strategic reserves for crude oil, LPG, and LNG. Current SPR capacity is 5.33 MMT (9.5 days of consumption), with plans to expand to 11.88 MMT. Experts advocate a three-tier policy: large physical crude reserves, distributed LPG reserves, and virtual LNG reserves to cover 90 days of consumption.
Logistics BW LPG Sells Former Avance Gas VLGC for $17m Gain, Returns to Newbuilding
BW LPG has agreed to sell the BW Levant, a 2015-built VLGC acquired in the $1.05bn Avance Gas takeover, for a net book gain of $17m and net cash proceeds of $38m. The sale comes as BW LPG returns to the newbuilding market with an eight-ship VLGC order at HD Hyundai Heavy Industries. The vessel will deliver to an undisclosed buyer by mid-November, with BW LPG continuing to trade it until handover.
Commodities After cars, now ethanol may make its way to your kitchen: Plans in the works to introduce it as mainstream cooking fuel alongside LPG
India's Ministry of Petroleum and Natural Gas is developing a policy framework to introduce ethanol as a mainstream household cooking fuel alongside LPG. The initiative aims to utilize the country's surplus ethanol production capacity of over 20 billion litres annually, reduce LPG import dependence, and strengthen energy security.
Commodities India's LPG Subsidy Bill May Exceed Rs 1 Lakh Crore, Far Beyond Budget Provision
According to a PL Capital report, India's LPG subsidy spending could exceed Rs 1 lakh crore in FY27, far surpassing the budgeted Rs 30,000 crore. The subsidy loss per cylinder is currently Rs 490. Total major subsidies in April-May 2026 rose 47% year-on-year to Rs 755.4 billion, with food and fertilizer subsidies also surging.
Logistics Exmar Sells Five LPG Carriers in $35M Profit Deal, Reduces Tonnage Amid Newbuilding Program
Belgian gas shipowner Exmar has agreed to sell five LPG carriers, including three midsize and two fully pressurised vessels, in a deal expected to generate a $35 million profit. The sale reduces Exmar's active capacity as the company takes delivery of new ammonia dual-fuel midsize gas carriers, impacting global LPG shipping supply.
Logistics Union Maritime Widens Newbuild Push with VLGC Debut at HD Hyundai Heavy Industries
According to Splash247, diversified UK owner Union Maritime has been linked to its first very large gas carrier (VLGC) newbuilding order, with two VLGC/VLAC vessels on order at HD Hyundai Heavy Industries in South Korea. The ships, costing roughly $234 million total, are expected to deliver in 2029. This marks the company's entry into the large gas carrier sector, adding to its broad orderbook of tankers, chemical tankers, product carriers, and dry bulk tonnage.
Commodities Commercial LPG Cylinder Prices Slashed by Rs 183.50 from July 1: No Further Details Available
According to the Times of India, commercial LPG cylinder prices in India were reduced by Rs 183.50 effective July 1, 2026. The report did not specify city-wise rates or the underlying supply-demand factors for the reduction.
Commodities India boosts LPG production capacity to 54,000 metric tonnes per day, says Hardeep Puri
Petroleum and Natural Gas Minister Hardeep Singh Puri announced at the Viksit Bharat Conclave 2026 that India successfully ensured uninterrupted LPG supply by boosting domestic production capacity from 35,000 to 54,000 metric tonnes per day, along with effective diplomacy to secure energy supplies. The minister also highlighted a significant natural gas discovery in the Andaman region and the 'Samudra Manthan' initiative for energy self-reliance.
Commodities 145% rise in LPG imports: India plans to double US purchases to cut Gulf dependence
India is doubling its contracted LPG imports from the US after a 145% rise in June compared to February, driven by the US-Iran war and Strait of Hormuz closure. The US share of India's LPG imports jumped from 8% in 2025 to 65% in June. Despite diversification, analysts say reliance on Gulf supplies will continue.
Commodities Commercial LPG, Jet Fuel Prices Cut as West Asia Impact Eases, State-Run Firms Act
India's state-run oil marketing companies on Wednesday slashed commercial LPG cylinder prices by Rs 183.5 and aviation turbine fuel by Rs 5 per litre, as global crude prices eased following the de-escalation of the West Asia conflict and the reopening of the Strait of Hormuz. Private retailer Nayara Energy also rolled back its conflict-era price increases, reducing petrol by Rs 5 and diesel by Rs 3 per litre across its outlets. The cuts mark the first broad-based easing in transport and commercial fuel prices since the conflict disrupted global energy markets.
Commodities India Plans 30-Day LPG Storage Buffer After Iran War Exposes Hormuz Supply Risk
State-run OMCs in India are developing a 30-day strategic LPG reserve to mitigate supply risks highlighted by the Iran conflict, with BPCL investing roughly Rs 5,000 crore to nearly double its storage capacity. The plan includes expanded onshore, underground, and floating storage, alongside import diversification from the US, Europe, and Russia. India imports nearly 60% of its LPG, with about 90% of those imports passing through the Strait of Hormuz.
Commodities India's LPG imports from US to cross 1 million tonnes amid Middle East disruption
India's imports of liquefied petroleum gas (LPG) from the United States are set to cross 1 million metric tonnes in June for the first time, as disruptions in the Middle East force a shift in sourcing. The move comes after supplies through the Strait of Hormuz were disrupted, leading to a sharp drop in April imports and a subsequent recovery via US cargoes. Indian refiners bought record volumes despite higher premiums, while the government implemented measures to boost domestic production and reduce consumption.
Commodities India's LPG imports from US set to cross 1 million tons in June, sources say
India’s LPG imports from the US are poised to exceed 1 million metric tons in June, a record, as the closure of the Strait of Hormuz forces New Delhi to seek costlier alternatives. Imports from the US are expected to reach 1.1-1.2 million tons, while supplies from the UAE via Oman's Sohar port are recovering. The government has also taken steps to reduce domestic LPG consumption by 15-20%.
Commodities As Strait of Hormuz blockade continues, India pivots to US for record LPG and LNG imports in June
India's LPG and LNG imports from the US hit record levels in May 2026 as the Strait of Hormuz blockade disrupts Gulf flows. Provisional June data shows continued reliance on US supply, with LPG imports up 52% year-on-year and LNG up 46%. Analysts expect a gradual reopening from early July, with LPG flows normalizing first.
Commodities India diversifies LPG imports from West Asia conflict zones as OMCs absorb price shock
India drastically shifted its LPG import sources during the West Asia conflict, reducing dependence on the Gulf from 90% to a more diverse portfolio including the US, Iran, and others. The Saudi Aramco Contract Price surged 46% between February and June, but household prices rose only 10% as oil marketing companies absorbed the shock, incurring under-recoveries of ₹651 per cylinder and cumulative losses of ₹22,000 crore. LPG consumption fell sharply, with commercial users hit hardest.
Logistics Strait of Hormuz reopening in phases from July, LPG to get priority for India imports
The Strait of Hormuz is expected to reopen in phases starting July, with priority given to LPG shipments given India's heavy dependence. Kpler's Sumit Ritolia outlines a three-phase recovery, with LPG imports likely to lead due to severe disruption, followed by LNG and crude. Crude imports remained resilient through bypass routes and alternative supplies.
Commodities India Secures Crude and LPG Supplies Through August Amid Middle East Crisis
Indian refiners have secured crude oil inventories to meet demand through at least August and LPG supplies through mid-July, according to Reuters sources. Recent purchases include 4 million barrels of Murban crude by HPCL from Totsa and Mercuria. India and the UAE are also accelerating plans to expand strategic oil reserves to 30 million barrels.
Trade India's Energy Shift: Russian Crude and US LPG/LNG Imports
India continues to import significant amounts of Russian crude oil despite US pressures, while increasing LPG and LNG imports from the US. Geopolitical tensions and economic factors drive these energy trade decisions.
Logistics BGN Expands LPG Fleet with New HD Hyundai VLGCs
BGN has ordered two new VLGCs from HD Hyundai, expanding its LPG fleet to 19 vessels. This move strengthens BGN's position in the LPG shipping sector.
Commodities LPG Prices Surge Amid Global Energy Cost Pressures
LPG prices in India have increased by ₹29 per 14.2-kg cylinder, driven by elevated global energy costs. This marks the second hike in three months as state-owned fuel retailers manage losses.
Commodities LPG Market Stable Amid OMC Losses on Cylinder Sales
Despite stable LPG supplies, Indian Oil Marketing Companies (OMCs) are incurring losses of nearly Rs 700 per cylinder. The government has increased domestic production and secured imports to maintain supply levels.
Commodities LPG Sales Plummet 19% Year-on-Year Amid Supply Disruptions
LPG sales in India fell by 19% year-on-year in May, dropping to 2.1 million tonnes from 2.6 million tonnes in 2025. The decline is attributed to government demand management measures and supply disruptions.
Commodities Indian Oil Hikes Commercial LPG Prices Amid Market Shifts
Indian Oil Corporation has increased the price of a 19 kg commercial LPG cylinder by ₹42 to ₹3,113.50. This adjustment reflects broader market dynamics and supply chain considerations.
Commodities India's LPG Output Reaches Record 52,000 TPD Amid Supply Challenges
India's LPG production has reached a record 52,000 tonnes per day, driven by the resumption of operations at key refineries. Despite this increase, geopolitical tensions in West Asia and the closure of the Strait of Hormuz have significantly impacted supply routes.