India’s state-owned refiners have stepped up production of liquefied petroleum gas, as the country’s festive season lifts demand for cooking fuel at a time when conflict in the Persian Gulf continues to disrupt contracted supply.
The world’s second-largest importer of LPG, India until recently took the bulk of its supply from the Persian Gulf, a concentration that left it heavily exposed to the conflict and trade upheaval of the past months. To cope, the country took a raft of measures, including cranking up domestic output.
