LPG vessels clog Kandla, Mumbai Port

News: As per media sources, LPG vessels are clogging Kandla and Mumbai Port, as Government of India provides ocean freight subsidies to OMCs only when they import via select few ports

Views: The Oil Ministry had sent a proposal to the Finance Ministry in 2021 to expand the list of ports. However, it rejected the proposal. Of the total 16.5 MMT LPG imports, only 2 MMT are handled on non-designated ports. As per media sources, Gujarat Pipavav and Mundra provide a much better evacuation facility for LPG vessels

Impact: Neutral