The ministry of economic affairs is assessing the demand trend of liquefied petroleum gas (LPG) in the country to see whether there is a need to increase the annual quota import from India. "If there's a need to increase the quota, it will be done,' said a trade official. "At the moment, we're still compiling figures to assess demand in all the regions.'

Petroleum Minister Muhammad Asif on Tuesday asked the Oil and Gas Regulatory Authority (Ogra) to frame new laws to ensure safety in handling and use of liquid petroleum gas (LPG). He was addressing an LPG exhibition organised here by the Ministry of Petroleum and LPG sector stakeholders to identify factors which made LPG production stagnant over the years. He said that the government would like to take every stakeholder of LPG sector on board to make the policies more workable, and utilise maximum potential to increase LPG production to meet the growing energy demand.

The second international LPG conference coupled with an exhibition will start here on Tuesday. Spokesperson of LPG said that the aim of conference would be to highlight the true growth potential of the LPG industry and focus issues related to its pricing regulation and safety standards. He said that the exhibition would arrange comprehensive display of the latest products and services available to the LPG industry including auto-gas and industrial automation equipment. He said that the LPG sector has shown a tremendous growth since it was deregulated eight years ago.

ALL new private power projects, which are at the drawing board stage, may have to kiss goodbye to their plans of developing power plants based on clean fuel like natural gas. The gas utilisation policy, which will soon receive its official stamp of approval, proposes to give the highest priority to fertiliser plants, followed by petrochemical and LPG fractioner units.

The Delhi High Court issued notices to the Union Petroleum Ministry and two public sector oil companies, Indian Oil and Bharat Petroleum, on Monday on a petition by a voluntary organisation praying fo

Even though the government has recently allowed state-owned oil marketing Companies to marginally increase the prices of petrol and diesel, one doesn't need to use rocket science to figure out that the hike is just not enough to help Indian Oil Corp, HPCL and BPCL to tide over their losses. These downstream Companies have been selling petrol, diesel LPG and kerosene much below the actual price. To keep voters happy, the government decided to limit the hike in a range of Re 1-Rs 2 a litre when Rs 9 for petrol and Rs 11 for diesel were actually required. Also, the prices of LPG and kerosene were left untouched. This was when kerosene needed to be increased to Rs 20 a litre and an LPG cylinder priced close to Rs 330. At the same time, a partial relief package was promised to the oil Companies. This included issuance of oil bonds of a higher quantum

Many parts of the country faced a shortage of LPG cylinders from November 2007 despite the oil marketing Companies

Petroleum and Natural Gas Minister Mulri Deora has said a pro-active approach had been adopted to address the shortage of liquefied petroleum gas (LPG). In a letter to Chief Ministers on LPG shortage in certain parts of the country, Mr. Deora said as an urgent measure, an additional 52,000 metric tonnes of LPG would be imported in March 2008 to tide over the crisis. He sought the cooperation of the Chief Ministers in curbing diversion of domestic LPG stocks.

The driver of the car shows the gas cannister stored in the trunk of the car. The Minister of Environment, Energy and Water Ahmed Abdulla has welcomed the fact that Liquefied Petroleum Gas (LPG) was being used to power a taxi for the first time in Maldives.

The alternative fuel fever has caught up with Chennai-based TVS Motor Company, synonymous for

Pages