News Release Details
Govt to cut cooking gas imports by 24%
Mumbai 15-Aug-2007
The government is hoping to bring down import of liquefied petroleum gas (LPG) by around 24 per cent in the current financial year (2007-08) to 1.73 million tonnes, minister of state for petroleum and natural gas Dinsha Patel today informed the Rajya Sabha. "In order to reduce the import of LPG, the domestic production of LPG in the country is sought to be increased through refinery expansion and modernisation plans, implementation of LPG maximization project and enhanced capacity utilisation and also through supply of piped natural gas to rationalise demand for LPG," said Patel in a written reply. He said the government further plans to cut LPG imports to 1.55 million tonnes during the financial year 2008-09. The country's LPG imports during 2006-07 stood at, 229 million tonnes. Domestic production of LPG in the countries during 2006-07 stood at 8.45 million tonnes against a demand of 9.75 million tonnes. The minister said government is aiming at reducing the domestic demand-supply deficit to 0.1 million tonnes by March 2012.
Mumbai 15-Aug-2007
The government is hoping to bring down import of liquefied petroleum gas (LPG) by around 24 per cent in the current financial year (2007-08) to 1.73 million tonnes, minister of state for petroleum and natural gas Dinsha Patel today informed the Rajya Sabha. "In order to reduce the import of LPG, the domestic production of LPG in the country is sought to be increased through refinery expansion and modernisation plans, implementation of LPG maximization project and enhanced capacity utilisation and also through supply of piped natural gas to rationalise demand for LPG," said Patel in a written reply. He said the government further plans to cut LPG imports to 1.55 million tonnes during the financial year 2008-09. The country's LPG imports during 2006-07 stood at, 229 million tonnes. Domestic production of LPG in the countries during 2006-07 stood at 8.45 million tonnes against a demand of 9.75 million tonnes. The minister said government is aiming at reducing the domestic demand-supply deficit to 0.1 million tonnes by March 2012.