Market for Liquefied Petroleum Gas (LPG) in India is divided into two parts - industrial & commercial LPG and subsidised domestic LPG. Industrial & Commercial LPG is a more competitive business segment thn the domestic LPG as it has competition between oil marketing companies (OMCs) and parallel marketing companies (PMC).
Tag: liquefied petroleum gas
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Contracting opportunities for LPG
Market for Liquefied Petroleum Gas (LPG) in India is divided into two parts - industrial & commercial LPG and subsidised domestic LPG. Industrial & Commercial LPG is a more competitive business segment thn the domestic LPG as it has competition between oil marketing companies (OMCs) and parallel marketing companies (PMC).
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Opportunities in transportation of LPG
Liquefied Petroleum Gas (LPG) is a mixture of commercial butane and commercial propane having saturated and unsaturated hydrocarbons. It is gaseous at normal atmospheric pressure, but may be condensed to the liquid state at normal temperature, by the application of moderate pressures. Although they are normally used as gases, they are stored and transported as liquids under pressure for convenience and ease of handling.
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Opportunities in transportation of LPG
Liquefied Petroleum Gas (LPG) is a mixture of commercial butane and commercial propane having saturated and unsaturated hydrocarbons. It is gaseous at normal atmospheric pressure, but may be condensed to the liquid state at normal temperature, by the application of moderate pressures. Although they are normally used as gases, they are stored and transported as liquids under pressure for convenience and ease of handling.
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Rupee exchange rate holds key for petrol pricing
According to analysts, the movement of rupee against the dollar holds key for the future price movement of petrol in the domestic market. Recently, the price of petrol was reduced by oil marketing companies (OMCs) for the second time since 9 October 2012 because of the decline in crude oil prices in the international market
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State oil firms to bear additional burden
State-run petroleum companies may share additional financial burden of the Delhi government's ambitious scheme to provide Liquefied Petroleum Gas (LPG) connection to poor people. The state government initiated Kerosene Free Delhi Scheme to replace completely kerosene used by BPL or Antyodaya families for cooking purposes with
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OMCs resume issue of new LPG connections
Starting with North Eastern states, the three state-owned oil marketing companies (OMCs) resumed issuing of new LPG connections after putting it on hold for a few weeks. It is learnt that they have started issuing connections in Meghalaya, Sikkim, Nagaland and Andaman & Nicobar Islands. In September, issue of new LPG connections was put on hold pending a massive nationwide exercise to eli
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Multiple connections to be cancelled in Indore
The Indore chapter of All India LPG distribution federation informed that around 50,000 multiple cooking gas connections in the city would be disconnected. In order to avoid cancellation of multiple connections, customers must establish that there are two or more kitchens on a single address. Meanwhile, reports suggest that the number of complaints, especially those related to multiple connection and transfer of connections, is incre
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Consumers must execute KYC process
Consumers of LPG, who are required to complete KYC (know your customer) process, complained of difficulty in executing it.Following this, the central government extended the deadline for fulfilling this formality to November 15 initially. Recently, this deadline has been extended further to November 30
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Section of Congress seek hike in LPG cap
Media reports indicate that some section of the ruling Congress party want the government to raise the cap on the number of subsidised cooking gas per household per year. Recently, the government decided to limit the number of subsidised cooking gas per household per year to six and this has reportedly increased hardships for common man