LGP and Fuel Crisis in India Live Update: LPG cylinder wait time up to 8–10 days in Mumbai; PNG demand surges
India's Ministry of Petroleum and Natural Gas has assured that the country's petroleum, diesel, and LPG supplies are secure and under control, despite reports of panic buying and misinformation. The ministry has also highlighted that crude oil supplies for the next 60 days are secured and refineries are operating at over 100% capacity.
India's Ministry of Petroleum and Natural Gas has issued a statement assuring that the country's fuel supplies are secure. The ministry says all retail fuel outlets are functioning normally and no rationing is in place. In Mumbai, LPG cylinder wait times have increased to 8-10 days. Meanwhile, auto drivers in the city are charging high fares, citing the LPG shortage. However, the claims of a shortage are being disputed by unions, who allege that gas agencies are creating an artificial scarcity to push up prices. The regulatory vacuum is contributing to the problem, with fares not being officially revised. The issue is not limited to autos, with cab and bike taxi drivers also demanding high fares.
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