India Requires 29 LPG Tankers Monthly Despite 50% Domestic Production Increase
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India's LPG Dependence: 29 Tankers Still Needed Monthly Even with 50% Output Jump
M
Moneycontrol•17-03-2026, 17:40
India's LPG Dependence: 29 Tankers Still Needed Monthly Even with 50% Output Jump
•India will still require 29-34 LPG tankers monthly, even with a 50% increase in domestic production, to meet demand.
•Domestic demand is projected to reach 2.9 million tonnes per month by FY27.
•A 50% rise in output would still necessitate over 1.34 million tonnes of imports monthly, highlighting structural dependence.
•LPG consumption has nearly six-folded since 1998-99, while production growth has lagged significantly.
•India's LPG imports are heavily concentrated in West Asia, making it vulnerable to geopolitical risks; alternative sources like the US, Canada, and Algeria are being explored.
