India Ensures Energy Supply Amid West Asia Situation
The Indian government has assured measures to ensure energy supply and maritime operations amid the evolving situation in West Asia. The Ministry of Petroleum and Natural Gas reported that over 1,900 raids were conducted across the country to curb hoarding and black marketing of LPG as of yesterday.
Online LPG cylinder bookings increased to 99% on industry basis yesterday, with around 47 lakh domestic LPG cylinders delivered against bookings of around 47.4 lakh LPG cylinders. Since March this year, about 6.04 lakh PNG connections have been gasified, and infrastructure has been created for an additional 2.68 lakh connections.
The government also informed that a Marshall Islands-flagged LPG carrier, MT Sarv Shakti, carrying 46,313 MT of LPG (Indian cargo), safely crossed the Strait of Hormuz yesterday. The vessel is expected to arrive at Visakhapatnam on May 13th.