After days of uncertainty, India breathes easier as the Nanda Devi tanker docks in Gujarat carrying massive LPG supplies and restoring confidence in the country’s strained fuel network.
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High-Risk Journey Through Hormuz
The journey of Nanda Devi wasn’t easy though. The ship carried LPG from Ras Al Khair in Saudi Arabia and had to navigate through the Strait of Hormuz. Iran had recently placed navigation restrictions over the waterbody due to rising tensions between the Middle Eastern nation, the US and its allies. Iran initially put sanctions on tankers passing through the Hormuz strait to slow down shipments of oil and gas. However, India received exemptions for its LPG shipments traveling through the Gulf. “The Indian tanker was tracked throughout as India ramped up diplomacy and moved assets to ensure safe passage for its ships through the Strait,” a report stated. Also read: Big relief for Indians amid LPG crisis as first Indian-flagged LPG tanker ‘Shivalik’ safely reaches Mundra PortWhy LPG Shipments Are Important Right Now
India imports about 60% of its LPG requirements. Middle Eastern countries supply about 90% of this. That means India’s cooking fuel supply chain is vulnerable to any disruptions in the Gulf. Economic experts are hopeful that Nanda Devi’s arrival will-- Bring down distribution pressure
- Shorten cylinder booking wait times
- Calm down prices caused by panic buying
Indian Government Efforts to Reduce Fuel Shortage
India’s shortage of LPG fuel largely affects its households’ ability to cook meals. In order to combat this challenge, India’s government has taken the following measures:- Slowed down its supply to industries Commercial customers and industries now only receive 15 kg cylinders that can be used as either refills or new.
- Boosted domestic refinery production In order to increase output, Indian refineries are maintaining steady throughput rates and working overtime to boost production.
- Increased dialogue with partner countries India’s government has been continuously talking to Iran and other regional powers to secure safer passage for its shipments.
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