Two vessels with 92,700 metric tonnes LPG from Iran to dock in India by March 17, panic buying on rise: Centre

Two India-bound vessels carrying 92,700 metric tonnes have safely crossed the Strait of Hormuz off the Iranian coast and are scheduled to dock by March 16-17, the Centre said on Saturday, adding that the “LPG remains a matter of concern at this time” for the government, but no dry outs have been reported at any distribution centre. The government also noted a sharp rise in panic booking among the people amid the ongoing conflict in West Asia which has disrupted oil and gas supply chain across the world.

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