Good news amid LPG crisis, two Indian tankers crossed the Strait of Hormuz

According to ship tracking data, two LPG (cooking gas) tankers bound for India, BW Elm and BW Tyr, are crossing the Strait of Hormuz. This is happening at a time when shipping in the Strait of Hormuz had almost come to a standstill due to the war.

limited movement amid war

This important sea route remains under threat due to US-Israeli attacks against Iran. However, Iran has said that non-enemy ships can pass through this route with its permission.

India is slowly removing the ship

According to the data, both these Indian flag ships have now crossed the Gulf area and reached the eastern Hormuz Strait. India is now gradually releasing the stranded LPG cargo. Till now four tankers namely Shivalik, Nanda Devi, Pine Gas and Jag Vasant have moved ahead.

Many ships still stranded

According to government information, till Friday about 20 Indian ships, including 5 LPG tankers, were stranded in the Gulf area. Tankers like Jag Vikram, Green Asha and Green Saanvi are still present in the western Strait of Hormuz.

Gas crisis deepens in India

India is the world’s second largest LPG importer and is currently facing the biggest gas crisis in the last several decades. The government is reducing gas supply to the industry to meet domestic needs.

Overdependence on the Middle East

Last year, about 33.15 million tonnes of LPG was consumed in India, of which about 60% came from imports. About 90% of these supplies come from the Middle East.

Situation expected to gradually return to normal

India is now also loading LPG in empty ships stranded in the Gulf, so that the supply can return to normal as soon as possible. However, the situation is still not completely normal.

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