LPG Cylinder Rates Improve as Indian Tankers Navigate Strait of Hormuz

LPG Rates Today (March 16, 2026)

Government Assures Uninterrupted LPG Supply Amid Iran War Tensions

The Indian government has reiterated that there is no shortage of cooking gas, petrol, or diesel despite ongoing tensions in West Asia. However, several businesses in the hospitality sector have reported intermittent commercial LPG supply, affecting operations and denting business.

LPG Refill Bookings Fall to 77 Lakh

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According to a PTI report, LPG refill bookings have declined to around 77 lakh, down from 88.8 lakh earlier, suggesting that panic buying has begun to ease. The government has appealed to citizens to avoid panic purchases, emphasizing that adequate stocks of petrol and diesel are available nationwide.

Government Initiatives to Maintain Supply

To strengthen availability, commercial LPG cylinders have been made available to state governments for priority distribution and are currently accessible across 30 states and union territories. The government has also amended the LPG Control Order, making it mandatory for consumers with piped natural gas (PNG) connections to surrender their domestic LPG connections.

Domestic Refineries Operating at High Capacity

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Domestic refineries are operating at high capacity and have sufficient crude oil inventories. India continues to be self-sufficient in petrol and diesel production, meaning domestic demand can be met without relying on imports.

Surveillance Intensified to Prevent Hoarding

To prevent hoarding and black marketing of petrol, diesel, and LPG, authorities have intensified surveillance, carrying out raids in states such as Andhra Pradesh and Bihar, and conducting surprise inspections at LPG distributorships.

Key Figures

• 77 lakh: LPG refill bookings on March 16, 2026
• 88.8 lakh: LPG refill bookings on March 13, 2026
• 84%: Proportion of online bookings on March 13, 2026
• 87%: Proportion of online bookings on March 16, 2026
• 1.94 lakh: Number of passengers returned to India from the region since February 28