LPG Policy Update: What It Could Mean for PP Buyers

The Ministry of Petroleum and Natural Gas has amended the Petroleum Products (Maintenance of Production, Storage and Supply) Order, 1999, directing refineries and upstream oil companies to maintain adequate LPG infrastructure and adopt technically and economically feasible measures to maximize LPG production. The Government can also direct companies to ramp up LPG production for specified periods, including imposing restrictions on alternative uses of input streams required for LPG production. What Could This Mean for PP? The notification does not directly state that PP supply will be reduced. However, changes in refinery feedstock allocation toward LPG production could create near-term uncertainty around PP availability. Polymart Suggests: Plan Ahead PP buyers should closely monitor availability and plan requirements and order placement well in advance. Early procurement planning can help reduce exposure to potential supply constraints and longer lead times in the coming weeks. Polymart — Procure with Purpose.Disclaimer:This article is published by PolyMart Pvt. Ltd. for informational purposes only. All regulatory actions are subject to updates from the Government of India.