• About us
  • Contact us
  • Our team
  • Terms of Service
Saturday, April 4, 2026
Kashmir Images - Latest News Update
Epaper
  • TOP NEWS
  • CITY & TOWNS
  • LOCAL
  • BUSINESS
  • NATION
  • WORLD
  • SPORTS
  • OPINION
    • EDITORIAL
    • ON HERITAGE
    • CREATIVE BEATS
    • INTERALIA
    • WIDE ANGLE
    • OTHER VIEW
    • ART SPACE
  • Photo Gallery
  • CARTOON
  • EPAPER
No Result
View All Result
Kashmir Images - Latest News Update
No Result
View All Result
Home BUSINESS

IndianOil says LPG supply stable, warns against panic booking amid global tensions

Press Trust of india by Press Trust of india
April 3, 2026
in BUSINESS
A A
0
IOC invites application for retail outlet dealership
FacebookTwitterWhatsapp

New Delhi:  Indian Oil Corporation (IOC), the nation’s biggest oil firm, on Friday said liquefied petroleum gas (LPG) supply in India remains stable and adequate despite geopolitical disruptions to global energy markets, adding that domestic availability continues to be its top priority.

The company said it is delivering around 28 lakh LPG cylinders daily, in line with normal levels prior to the current tensions, with uninterrupted supply to households.

More News

Russia offers to scale up crude oil, LNG supplies to India amid West Asia crisis

West Asia crisis: Govt exempts import duty on key petrochemical products till June

Govt directs refineries to reroute LPG feedstock to industries hit by petrochemical shortage

Load More

IOC added that nearly 87 per cent of refill bookings are being made through digital platforms, while deliveries are being authenticated through OTP-based systems to ensure correct distribution.

“India’s LPG supply remains stable, adequate, and under close monitoring, despite ongoing geopolitical developments impacting global energy markets. Domestic LPG (supply) continues to be accorded the highest priority,” the company said in a statement.

The current deliveries of around 28 lakh LPG cylinders daily are “consistent with normal delivery levels prior to the onset of current geopolitical tensions,” it said.

Customers are encouraged to use digital modes such as SMS and IVRS for booking LPG refills. At present, nearly 87% of bookings are received through digital platforms. Deliveries are being carried out with Delivery Authentication Codes (DAC OTP) to ensure cylinders are received by the intended customers.

IOC said it is actively listening to concerns shared on its social media platforms and remains committed to addressing them promptly.

“Reports of malpractices by certain LPG distributors have been noted through social media and customer complaints. To curb black marketing and hoarding, multiple cross-functional teams have been deployed to conduct surprise inspections of LPG distributorships,” it said.

The firm said it has stepped up enforcement against malpractices, conducting more than 7,500 inspections and taking action against 141 distributors, including suspending five. In coordination with state authorities and other oil marketing companies, around 68,000 raids have been carried out, leading to 855 FIRs and the seizure of over 48,000 cylinders.

“Action has been taken against 141 LPG distributors, including suspension of 5 distributors,” it said. “IndianOil, as well as other oil marketing companies, is working closely with State Governments across the country to prevent malpractices and curb hoarding.”

So far, around 68,000 raids have been conducted, 855 FIRs registered, and more than 48,000 cylinders seized.

IOC urged customers not to resort to panic booking or hoarding, stating there is no shortage of LPG, and advised consumers to rely only on official communication channels for information.

“IndianOil reassures all Indane customers that supplies remain adequate and stable, and there is no shortage of LPG in the country. Customers are advised not to queue at LPG distributorships and to avoid panic booking or stocking of LPG cylinders. They are also urged not to believe in rumours and to rely only on official sources of information,” the statement added.

The company said it remains fully committed to ensuring seamless LPG availability, transparency in distribution, and strict enforcement against malpractice.

 

Previous Post

Srinagar administration issues advisory amid adverse weather forecast

Next Post

Russia offers to scale up crude oil, LNG supplies to India amid West Asia crisis

Press Trust of india

Press Trust of india

Related Posts

Russia offers to scale up crude oil, LNG supplies to India amid West Asia crisis

Russia to build up strategic partnership with India: Foreign policy update
April 3, 2026

New Delhi: With the West Asia crisis continuing to drive volatility in the global energy market, Russia has offered to...

Read moreDetails

West Asia crisis: Govt exempts import duty on key petrochemical products till June

West Asia crisis: Govt exempts import duty on key petrochemical products till June
April 3, 2026

New Delhi:  The government on Thursday exempted import of critical petrochemical products from customs duty for three months till June...

Read moreDetails

Govt directs refineries to reroute LPG feedstock to industries hit by petrochemical shortage

Niti Aayog working on proposal ‘to replace LPG subsidy with cooking subsidy’
April 3, 2026

New Delhi: The government has directed oil refineries to divert a portion of the feedstock normally used for producing cooking...

Read moreDetails

FCRA amendment sparks row; Oppn flags minority rights concerns, BJP cites national security

Govt introduces women’s reservation bill in Lok Sabha
April 1, 2026

New Delhi: The Foreign Contribution (Regulation) Amendment Bill, 2026, saw a sharp political divide on Wednesday, with the BJP defending...

Read moreDetails

Centre says adequate supply of seeds, pesticides for Kharif sowing; asks states to check hoarding

Centre plans permanent framework for weather advisory units for farmers shut last year
April 1, 2026

New Delhi: The Centre on Wednesday asserted that the country has an adequate supply of seeds and agro-chemicals for the...

Read moreDetails

Conflicts hit global supply chains, India strengthening its role as reliable semiconductor supplier: Modi

India a step closer to realising first human space flight programme: PM
March 31, 2026

Sanand (Gujarat):  Prime Minister Narendra Modi on Tuesday said the 21st Century has brought several challenges and global supply chains...

Read moreDetails
Next Post
Russia to build up strategic partnership with India: Foreign policy update

Russia offers to scale up crude oil, LNG supplies to India amid West Asia crisis

  • About us
  • Contact us
  • Our team
  • Terms of Service
E-Mailus: kashmirimages123@gmail.com

© 2025 Kashmir Images - Designed by GITS.

No Result
View All Result
  • TOP NEWS
  • CITY & TOWNS
  • LOCAL
  • BUSINESS
  • NATION
  • WORLD
  • SPORTS
  • OPINION
    • EDITORIAL
    • ON HERITAGE
    • CREATIVE BEATS
    • INTERALIA
    • WIDE ANGLE
    • OTHER VIEW
    • ART SPACE
  • Photo Gallery
  • CARTOON
  • EPAPER

© 2025 Kashmir Images - Designed by GITS.