Govt mulls building LPG reserves as Nayara refinery shutdown threatens supply

Govt mulls building LPG reserves as Nayara refinery shutdown threatens supply
Image used for representative purposes

NEW DELHI: The government is considering building liquefied petroleum gas (LPG) reserves as a buffer against potential supply disruptions, a government official said on Monday.The move comes as Nayara Energy is set to shut its Vadinar refinery from April 9–10, a development that is expected to impact LPG supplies in the country, the official added.With the temporary shutdown likely to tighten availability, the government is evaluating options to ensure supply stability, including the creation of LPG reserves.Additionally, addressing the overall Middle East situation with regards to ships passing through Strait of Hormuz, the officials said they were not aware of any payment being charged, amid concerns over global energy supply routes.Refiners delay maintenance workWhile addressing questions around Middle East situation and India’s position, the govt official also stated that Indian refiners have postponed planned maintenance shutdowns of their units to meet local fuel demand.Indian Oil Corporation and Bharat Petroleum Corporation were among the companies that had scheduled routine maintenance at some of their refineries, Sujata Sharma, joint secretary in the federal oil ministry, said.

  • Related Posts

    Punjab Police foil terror plot, arrest three linked to ISI-backed module | India News

    Punjab Police on Monday said it foiled Pakistan’s ISI-backed module that was allegedly planning grenade attacks on police establishments in Punjab and other states.Three persons were arrested in connection with…

    Supreme Court asks Bengal’s top bureaucrat to apologise over siege of SIR officers in Malda | India News

    NEW DELHI: The Supreme Court on Monday pulled up the West Bengal chief secretary for “not taking calls of Calcutta high court chief justice” over the Malda incident and asked…

    Leave a Reply

    Your email address will not be published. Required fields are marked *

    You Missed

    Varuthini Ekadashi 2026: When Varuthini Ekadashi? Know date and significance |

    Varuthini Ekadashi 2026: When Varuthini Ekadashi? Know date and significance |

    UAPA terror case: US citizen, 6 Ukrainians sent to 30-day judicial custody | India News

    UAPA terror case: US citizen, 6 Ukrainians sent to 30-day judicial custody | India News

    Punjab Police foil terror plot, arrest three linked to ISI-backed module | India News

    Punjab Police foil terror plot, arrest three linked to ISI-backed module | India News

    Sidney Crosby of Pittsburgh Penguins dominates Florida Panthers’ Matthew Tkachuk in viral NHL game moment clash | NHL News

    Sidney Crosby of Pittsburgh Penguins dominates Florida Panthers’ Matthew Tkachuk in viral NHL game moment clash | NHL News

    Eagle Mountain mystery: Why 4,000 residents vanished from California’s most guarded ghost town | World News

    Eagle Mountain mystery: Why 4,000 residents vanished from California’s most guarded ghost town | World News

    Will Hardik Pandya play in MI vs RR match? Coach reveals allrounder’s ‘injury’ status | Cricket News

    Will Hardik Pandya play in MI vs RR match? Coach reveals allrounder’s ‘injury’ status | Cricket News