The Central Government has removed all sector based restrictions on non-domestic packed LPG. Hotels, restaurants and industries will get big relief. Bulk LPG supply has also been restored to 50% level.
The Central Government has taken a big decision for the industry and business sector of the country. All sector based restrictions imposed on supply of non-domestic packed LPG have been removed. With this, the supply of commercial LPG has been restored to the level before the West Asia crisis. This decision is expected to provide relief to hotels, restaurants, small industries and other business establishments. This step of the government has come at a time when the availability of LPG in the country is seeing improvement and the supply of imported gas is also returning towards normalcy.
Why is this decision important for businessmen?
LPG supply was affected for some time due to increasing tension in West Asia. Due to this, some restrictions were implemented for non-domestic consumers. Now by removing all these limitations, the government has taken steps towards providing relief to industries and business establishments. Experts believe that this will have a positive impact on the operations of hotels, catering businesses, restaurants and small-medium industries. Better availability of gas can also reduce pressure on the cost of production and services.
Bulk LPG supply also partially restored
The government has also taken an important decision regarding bulk LPG supply. Bulk LPG supplies were temporarily halted during the Middle East crisis. Now it has been partially restored and permission has been given to supply up to 50 percent of the pre-crisis consumption level. This will directly benefit those large industrial and commercial consumers who depend on bulk LPG for their daily operations.
Situation of LPG production and import is better
According to the Central Government, domestic LPG production in the country has improved and there is likely to be adequate availability of imported LPG in the coming times. For this reason, it has been decided to reduce the quantity of C3 and C4 gas streams sent to the LPG pool. This move will make more of these gases available for other industrial uses, providing additional raw materials to many sectors.
Domestic consumers will not face any problem
The government has clarified that this decision will not have any negative impact on domestic LPG consumers. The availability of domestic LPG will be completely secure and indigenous LPG production in the country will not be kept less than 40 thousand metric tons per day.