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India revises LPG allocation formula amid Middle East tensions

after close1 source ↓written by the desknot a recommendation

levels recorded
70% of their LPG consumption

The Indian government has introduced a new LPG allocation formula to support critical sectors like pharmaceuticals, food processing, and agriculture amid rising tensions in the Middle East. Industries will receive up to 70% of their LPG consumption levels recorded before March 2026, capped at 0.2 thousand metric tonnes per day for the sector. Priority will be given to factories unable to switch to natural gas, ensuring uninterrupted production.

Not investment advice. For informational purposes only.

OI Charts is not a SEBI-registered investment adviser or research analyst. This bulletin was written by the OI Charts desk from the public sources listed here. It is commentary on market conditions, not a basis for any investment decision and not a recommendation to buy or sell any security. Prices as of 30 Apr 2026, 16:06 IST.

Sourcesnews.google.com

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