LPG in World Markets: Fresh crisis in India not expected to boost LPG imports

LPG in World Markets   May 2021   The recent surge of coronavirus cases in India is a crisis of exceptional magnitude. The country has recorded an exponential rise in the number of cases since mid-April. Although the central government so far has resisted calls for a nationwide lockdown, many states have already announced complete or partial lockdowns, allowing only essential services to operate.   The crisis has far reaching implications, not only on economic activity but also on energy supply and demand, including that of LPG. However, energy supply and demand has so far been relatively buoyant despite the spike in infections without a nationwide lockdown like the one last year.  Last year’s lockdown cut demand in the second quarter of 2020. To read the full article, click here.