LPG Supply Chain: Big relief for India, two more Indian ships left the battlefield Strait of Hormuz

News India Live, Digital Desk: Amidst the ongoing tension in West Asia, the news of relief for India has come from the waves of the sea. Two more Indian gas tankers stranded in the ‘Strait of Hormuz’, which is currently considered to be the world’s most dangerous ‘war zone’, have come out safely. The departure of these ships for India has raised hopes that the deepening LPG crisis in the country will end soon. Mission Safe Passage: Indian tankers come out of the shadow of death. Due to the ongoing conflict between Iran and Israel, the movement of ships in the Persian Gulf was almost at a standstill. This situation was worrying for India because the supply of LPG is from here. Safe departure: Two huge tankers have crossed the ‘hot zone’ under the surveillance of the Indian Navy and international security agencies. Consignment of millions of cylinders: These ships contain so much gas that can overcome the shortage that has been going on for weeks in many states of India. Waiting period will reduce: As soon as these ships reach the port, work in the bottling plant starts rapidly. This will reduce the delay in home delivery of gas cylinders. Why is it important to cross the ‘Strait of Hormuz’? The Strait of Hormuz is the narrowest sea route in the world through which more than one-third of the world’s LPG trade takes place. Access to Iran: Iran has a direct influence on this route, due to which evacuating ships from here during the war was no less than a challenge. Supply Chain: It is essential for this route to remain open for India’s energy security. There is hope for relief: Even before this, some ships had left, but with the arrival of these two big tankers, the shortage of gas in the market will improve to a great extent. Will the prices come down? Although the arrival of ships is good for supply, but due to the war, insurance and shipping costs have increased. Experts believe that the first priority is to ensure ‘availability’, it may take some time for the prices to come down.

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