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Commodities

India Sets LPG Production Targets for 24 Refinery and Oil Companies

Guavy AI Editorial Team
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Oil Natural Gas
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The Indian government has set maximum LPG production targets for 24 refinery and upstream oil companies. The combined production potential is 63.81 thousand metric tonnes per day (KTPD). This move aims to strengthen domestic cooking-gas supplies and improve resilience against supply disruptions.

The Ministry of Petroleum and Natural Gas specified production levels in an order dated August 13, 2023. Reliance Industries has the highest specified LPG production potential at 18 KTPD, followed by BPCL's Kochi refinery at 4.80 KTPD and Nayara Energy at 4.48 KTPD.

The government has retained the power to direct refiners to ramp up LPG production for a specified quantity and period if it considers higher domestic availability necessary in the public interest.

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