India withdraws commercial LPG supply restrictions amid US-Iran deal hopes

Oil Marketing Companies (OMCs) will now supply non-domestic packed LPG at normal levels as seen before the war.

The Centre has restored non-domestic packed LPG supplies to pre-crisis levels and withdrawn all sectoral restrictions. The decision brings major relief to commercial and industrial consumers across the country.

The ministry of petroleum and natural gas, in a statement on Thursday, said it had taken this step after an improvement in the LPG supply situation following disruptions caused by the US-Israeli war on Iran, now on hold under a Memorandum of Understanding.

Oil Marketing Companies (OMCs) will now supply non-domestic packed LPG at normal levels as seen before the war.

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The govt has also relaxed bulk LPG supply restrictions. It has allowed supply up to 50% of pre-crisis consumption levels for commercial and industrial users. Officials said this will help industries resume smoother operations. (HT)

 

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