West Asia conflict: Distribution companies incentivise switch from LPG to PNG The government has reported a 36% rise in domestic LPG production compared to pre-West Asia conflict levels, with further increases anticipated in the coming days. This growth follows recent measures such as directing refiners to maximize LPG output and redirecting propane, butane, and other petrochemical streams toward LPG production. To address hoarding and balance demand, the government has extended cylinder booking intervals for households to 25 days in urban areas and 45 days in rural regions. In response to the crisis, city gas distribution (CGD) companies have introduced incentives to encourage consumers to transition to piped natural gas (PNG). For instance, Indraprastha Gas Ltd (IGL) in Delhi and surrounding cities is offering domestic users free gas worth Rs 500 for switching to PNG before March 31. Mumbai-based Mahanagar Gas Ltd has waived Rs 500 registration fees for households and security deposits ranging from Rs 1 to 5 lakh for commercial users. Similar promotions have been rolled out by GAIL and BPCL, according to Sujata Sharma, Joint Secretary at the Ministry of Petroleum and Natural Gas. Officials emphasized that while the current situation remains concerning, LPG supplies are being prioritized to meet domestic needs. The government’s efforts to stabilize the market include both production boosts and demand management strategies, alongside private sector initiatives to alleviate pressure on LPG resources.#bpcl #west_asia_conflict #gail #mahanagar_gas_ltd #indraprastha_gas_ltd
