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India may stop importing LPG from 2009-Reliance

India may stop importing LPG from 2009-Reliance
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First Published: Tue, Mar 13 2007. 02 38 PM IST
Updated: Tue, Mar 13 2007. 02 38 PM IST
By Reuters
KUNMING, China: India may stop importing liquefied petroleum gas (LPG) from 2009 amid growing domestic production, Prashant J. Mahale, assistant vice president of Reliance’s LPG division at Indian refiner Reliance Industries Ltd., said on 13 March.
“We will be self-sufficient around 2009, then we may not need to import,” , Mahale 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 10 million tonnes a year in 2009 versus slightly below 8 million tonnes in 2006, according to figures provided by Reliance. Demand is expected to be mostly steady around 10 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: Tue, Mar 13 2007. 02 38 PM IST
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