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The government's draft policy encouraging imports in compressed form over LNG ignores major technological and logistics hurdles
This subsidy is not available for imports done at other ports and so there is a clamour to get the ships only at these ports, four industry sources with direct knowledge of the matter said
Strong Asian demand could weigh on supplies in coming months just as Europe is likely to step up purchases of the fuel for heating in winter, an industry source in Singapore said
The company said that the move was to ensure uninterrupted availability of bulk LPG for its bottling plants.
A shortfall in assured LPG supply from Saudi Arabia has created a huge booking backlog across states such as Maharashtra, Karnataka, Punjab and Goa
The refrigerated terminal will have a storage capacity of 30,000 tonnes and a throughput capacity of 1.4 mn tonnes a year for servicing public sector and private sector firms in the hinterland
30.5 million new connections were given under the plan by October 2017