LPG News: Use carefully now… gas shortage tension again? 90% LPG supply at risk due to ‘Hormuz’ tension; Companies lose money

• Tension of gas shortage again?
• 90% LPG supply at risk due to Hormuz tension
• Companies are losing, what will happen now?

LPG News: Last February, when war broke out between the US and Iran. At that time, the whole world including India was facing shortage of oil and gas. When a ceasefire was declared in both countries, the public and the government breathed a sigh of relief. But now with the resumption of war, the situation has returned to normal. In such situations, cooking gas is considered to be the biggest threat. What exactly is the situation” LPG “text-align: justify;”> ‘Everything will be destroyed…’, farmers’ anger, agitation against India-US Trade Deal in Punjab, what are the exact demands?

The situation regarding LPG is critical

In reality, India imports most of its LPG requirements from abroad, of which 90 percent of the gas enters India through the Strait of Hormuz. Hence, gas shortage is the biggest threat. India experienced severe gas shortages in March, April and May, forcing people to wait for months and stand in long queues for cylinders. If the sea lanes are disrupted again due to war, the supply of domestic gas cylinders may be affected. Not only this, but prices can also go up.

Losses to state oil companies

Just as oil companies have suffered losses due to the inability to raise petrol and diesel prices, they have also suffered huge losses due to gas. According to government data, by June 2026, state-owned oil companies were losing Rs 500 to Rs 700 on every domestic LPG cylinder. If international prices rise again, the government will have two options: either increase the subsidy or increase cylinder prices.

The need for strategic reserves

The country needs to devise a strategy to avoid this crisis. Instead of just buying and consuming oil on a daily basis, it would be better to maintain domestic stocks. Currently, India has strategic petroleum reserves of 5.33 million metric tonnes, which can meet only 9.5 days of oil requirement. The International Energy Agency (IEA) recommends maintaining around 90 days of strategic reserves.

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