Big win for India! ‘Green Sanvi’ is coming to India after crossing the path of death in the midst of war, the gas shortage will end.

Amidst the ongoing fierce war and tension in the Middle East, a very relieving news has emerged for India. The 7th Indian flagged LPG tanker ‘Green Sanvi’ has safely transited the Strait of Hormuz. This is considered a major victory for India’s energy security after the conflict that broke out in Western Asia. Till now, a total of 6 ships have crossed this dangerous route and knocked at Indian ports and now this seventh ship is also moving rapidly towards India.

There will be big relief from gas shortage

With ‘Green Saanvi’ reaching India, the threat of possible shortage of LPG in the country will be averted. However, 17 Indian ships are still stranded in the western part of Hormuz, including important LPG tankers like ‘Green Asha’ and ‘Jag Vikram’. According to the latest media reports, both these ships may soon leave Hormuz and leave for India. At present, these ships are waiting for instructions from the Indian Navy in the Persian Gulf to move out of the corridor safely.

The route of the foreign ship changed midway

Meanwhile, a surprising news also came from the maritime business world. A foreign ship, which was reportedly carrying crude oil from Iran to India, changed its course midway. Now he is moving towards China instead of India. Experts say that such changes in the case of Iranian crude oil are nothing new. It is often determined based on international financial conditions and risks. At the same time, ‘Green Saanvi’ is moving towards Mumbai port using a special corridor of Iranian maritime area on Friday evening.

How is the price of your LPG decided?

LPG prices in India are decided by government oil companies (IOCL, BPCL, HPCL) on the 1st of every month. It has two main bases: first, the average price of gas in the international market and second, the position of the rupee against the dollar. You will be surprised to know that India imports 90 percent of its LPG requirement from countries like Saudi Arabia and Qatar. Despite such heavy dependence, the government has assured that the gas supply in the country is completely stable and there will be no shortage anywhere.