IOC ties up LPG imports, fully geared for higher demand amid COVID-19 crisis

New Delhi: Indian Oil Corporation (IndianOil) has tied up higher LPG imports for April and May to ensure uninterrupted availability of bulk cooking gas fuel for its bottling plants and meet additional demand in the course of COVID-19 crisis.

The company will import 50 percent additional quantity of LPG on the two month period that will help it cater to rising demand for cooking gas, especially when the government has allowed free supply of LPG cylinders to 8 crore customers under Pradhan Mantri Ujjwala Yojana (PMUY), for whom the government has extended the facility of three LPG refills free of cost during the months April, May and June 2020.

As part of the exercise to increase LPG production in its major refineries, IndianOil is optimizing operations, improving LPG yield in LPG producing units like FCC/IndMax, etc.

The Corporation’s LPG bottling plants too are working extended hours, operating night shifts and on public holidays/Sundays, to meet the growing demand. The transport infrastructure linking the plants to the distributors has also been optimised for quick turnaround of cylinders.

There has been a sudden jump in demand for LPG cylinders in the last one month period as people are staying indoors during the national lock down. IndianOil itself has delivered more than 3.38 crore LPG cylinders to its customers in the last 15 days since lockdown, that is, 26 lakh cylinders every single working day. (IANS)

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