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Indian Refiners Lift LPG Output Nearly 20% as Hormuz Blockage Chokes Imports
Indian state refiners are ramping up their production of liquefied petroleum gas amid a seasonal jump in demand as the country enters festive season and imports from the Middle East remain strangled. So far in September, local production of LPG has averaged 44,000 tons daily, Indian media reported, citing Bloomberg data. This was close to 20% more than the August average, despite diversification in imports from the United States and Africa, The Telegraph reported. India has also boosted imports from the United Arab Emirates in recent months. The…
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