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India Readies Big LPG Output Boost as Hormuz Uncertainty Lingers
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India Readies Big LPG Output Boost as Hormuz Uncertainty Lingers India has directed its state companies and private refiners to prepare for a sharp increase in cooking gas production, seeking to bolster domestic supplies as the Iran war prolongs uncertainty over the Strait of Hormuz, the key waterway for about 90% of the country’s liquefied petroleum gas imports. Refiners and crude oil explorers have been ordered to “implement all technically and economically feasible measures” to maximize...
India Readies Big LPG Output Boost as Hormuz Uncertainty Lingers
India has directed its state companies and private refiners to prepare for a sharp increase in cooking gas production, seeking to bolster domestic supplies as the Iran war prolongs uncertainty over the Strait of Hormuz, the key waterway for about 90% of the country’s liquefied petroleum gas imports.
Refiners and crude oil explorers have been ordered to “implement all technically and economically feasible measures” to maximize LPG output beyond current minimum producible levels, according to an Aug. 13 government notification. That includes exploring alternative uses of feedstocks, such as converting naphtha into LPG.