Iran-US Ceasefire: India’s ‘Jag Vikram’ crosses Hormuz, coming to Mumbai with 20,000 tonnes of LPG
Delhi. An Indian-flagged liquefied petroleum gas (LPG) ship named ‘Jag Vikram’ has crossed the Strait of Hormuz following a two-week temporary ceasefire between the US and Iran. This is the first Indian ship to pass through this route after the announcement of temporary ceasefire. The ship passed through this vital sea route between Friday night and Saturday morning and was located in the Gulf of Oman, east of the strait, heading east on Saturday afternoon.
This is the ninth Indian ship to sail out of the Persian Gulf since the beginning of March, while about 15 Indian-flagged ships are still stuck in the area waiting to proceed. This medium-sized gas carrier ship has a carrying capacity of more than 26,000 tonnes and is expected to carry around 20,000 tonnes of LPG.
At least 28 Indian ships were present in the Strait of Hormuz area when the conflict broke out in West Asia, including 24 in the western part and four in the eastern part. Before ‘Jag Vikram’, eight ships from the western part and two from the eastern part had left safely, while many foreign ships are still stuck in the Persian Gulf. India is largely dependent on imports for its energy needs.
The country imports about 88 percent of crude oil, about half of natural gas and about 60 percent of LPG. Most of this supply comes from the Gulf countries and passes through the Strait of Hormuz, a major route for global energy supplies. LPG and gas supplies to India were affected due to disruption of this route during the conflict. Due to this, LPG supply to commercial consumers was reduced, which has now been partially restored.
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