OIL & GAS

Home cooking during lockdown pushes up LPG cylinder demand by 20%

The demand for cooking gas in the country surged in March as people are cooking more at home while remaining indoors during the 21-day nationwide lockdown. In the month of March, when sale of auto fuels petrol and diesel and even aviation turbine fuel (ATF) has fallen by upto 15-20 per cent, oil companies are witnessing a surge in demand for LPG cooking gas cylinders that has risen by almost the same margin.

The situation has changed so quickly that Indian Oil chairman was forced to issue a statement suggesting that there was no shortage of LPG in the country and customers should refrain from panic buying.

“Kindly rest assured that we have enough stock (of LPG) have enough sticks in the country and our supply lines are functioning efficiently. There is absolutely no need to panic and kindly refrain from doing panic booking. We have introduced a system of booking refill only after a gap of 15 days after the last refill. So kindly abide by that,” IndianOil chairman Sanjiv Singh said in a statement.

The 14.2 kg LPG cylinder has become the main stay of cooking in the country as government has expanded its coverage to over 96 per cent of households. Under Pradhan Mantri Ujjawala Yojana (PMUY), additional 8 crore connections have been given to women member of poor families who were depending on wood and coal for cooking.

The country in all has over 35 crore active LPG customers. “LPG demand has gone up significantly which can be due to panic buying though there is no shortage.

Source
Livemint
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