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From 2009, India may not have to import LPG: Reliance official

From 2009, India may not have to import LPG: Reliance official
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First Published: Wed, Mar 14 2007. 12 13 AM IST
Updated: Wed, Mar 14 2007. 12 13 AM IST
Kunming: India may stop importing liquefied petroleum gas (LPG) from 2009 amid growing domestic production, an official at Indian refiner Reliance Industries Ltd said.
“We will be self-sufficient around 2009, then we may not need to import,” Prashant J. Mahale, assistant vice-president of Reliance’s LPG division, said at an industry conference.
Mahale said the growth in domestic LPG production will mostly come from refinery expansions, although he did not elaborate.
Indian domestic LPG production is expected to grow to near ten million tonnes a year in 2009 versus slightly below eight million tonnes in 2006, according to figures provided by Reliance. Demand is expected to be mostly steady around ten million tonnes over the same period.
Indian LPG demand is almost entirely from household cooking, which accounts for more than 94 % of total consumption.
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First Published: Wed, Mar 14 2007. 12 13 AM IST
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