Indian Refiners Ramp Up Domestic LPG Output Amid Hormuz Blockage

Indian refiners have increased their production of liquefied petroleum gas (LPG) by nearly 20% in September, according to data from Bloomberg. The average daily output of LPG was around 44,000 tons, up from the August average.

This increase is a response to seasonal demand for LPG during India's festive season, as well as reduced imports from the Middle East due to the Hormuz blockage.

Despite diversifying imports from the US and Africa, India still relies heavily on the UAE for its LPG supplies. ADNOC, the UAE's largest LPG supplier, has confirmed that it will deliver all contracted LPG volumes to Indian buyers in October, despite the challenges posed by the Hormuz blockage.

The Strait of Hormuz is a critical shipping lane for oil exports from the Middle East, and its closure has had a significant impact on India's energy imports. However, ADNOC has stated that it will continue to provide reliable and secure LPG supplies to Indian customers.