LPG supply coming via Hormuz has reduced, when will we be able to get relief from LPG Crisis?

LPG Crisis: Due to the ongoing war in the Middle East, global energy supply has been completely affected. The effect of the closure of the Strait of Hormuz has been seen all over the world. The danger of energy crisis is looming in India also. Due to the ongoing war for about 48 days, the supply of LPG in India has weakened. At present, only one question is arising in everyone’s mind that when will we get relief from the LPG crisis. However, there is no official information as to when the relief will be available. But looking at the current situation, it seems that it may take some time for the LPG supply chain to become normal.

During the war, not only Hormuz was closed, but energy plants were also attacked and destroyed. Therefore production has also been temporarily affected. Even if production is started again, the supply chain may be slower than before, the effect of which can be seen in many countries. If we talk about India, then about 60 percent of LPG is imported from the global market. More than 90 percent of this import passes through Hormuz. Due to the closure of Hormuz, India is facing the biggest energy crisis.

15 ships stranded in Hormuz

Due to closure of Hormuz, LPG prices were also affected. The price of domestic gas cylinder has been increased by about Rs 60 and the price of commercial gas cylinder has been increased by about Rs 115. If we talk about the present, 15 ships are stranded in Hormuz. The situation still remains tense in Hormuz.

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The Indian government is making every possible effort to get rid of LPG. Well, how much time will it take? Nothing can be said about this, but looking at the current situation it seems that it may take about 1 month to 1 year.