India sharply boosts LPG output as Middle East war disrupts imports

AI Summary

In response to the disruptions caused by the Middle East conflict, India has increased its LPG production significantly to counteract import shortages. This trend likely indicates ongoing changes in energy supply dynamics due to geopolitical instability.

Indian refiners raised LPG production by more than 30% in March to offset import shortages caused by the Middle East conflict, a trend expected to continue in the coming months, according to government data and industry sources May 4. As cargo flow disruptions through the Strait of Hormuz persisted, India’s LPG production rose 30.8% year ...