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India Tankers and Gas LPG

Rising LPG demand in India to boost spot rates

India’s scheme to provide free cooking gas cylinders to 80m of its citizens is boosting the demand for liquefied petroleum gas at a time when refinery runs have been hit by the nationwide lockdown. This is lending support to imports and spot rates for LPG tankers

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India is likely to increase imports of LPG from the Middle East, which supplied about 94% of its imports in 2019

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This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call UK support at +44 (0)20 3377 3996 / APAC support at +65 6508 2430

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