LPG Demand Dips as Summer Arrives

LPG demand is anticipated to moderate during the summer months, with a noticeable decrease in bookings. According to Sujata Sharma, Joint Secretary (Marketing & Oil Refinery) at the Ministry of Petroleum and Natural Gas, bookings have fallen to between 46 lakh and 50 lakh, down from over 50 lakh previously. This trend indicates a typical seasonal dip.

Despite the lower demand, the government has affirmed that domestic LPG supply remains stable and normal. There are no reported instances of LPG shortages at the distributor level, and deliveries continue as usual. Production figures are also steady, fluctuating between 46,000 to 50,000 MMT, ensuring sufficient availability to meet consumer needs.

Overall fuel availability across the country is adequate, with petrol pumps operating normally and refineries functioning at optimal capacity. Crude oil stocks are also sufficient to guarantee uninterrupted supply. In the auto LPG segment, sales have seen fluctuations, with some states like Karnataka, Tamil Nadu, Telangana, Rajasthan, and West Bengal experiencing an increase.

The government is actively working to reduce reliance on LPG by expanding the Piped Natural Gas (PNG) network, encouraging states to expedite approvals for pending applications. Consumers are advised against succumbing to rumors and to purchase fuel only as required, as ample supply is guaranteed.