A senior government official announced on Tuesday that about 3 lakh metric tonnes of liquefied petroleum gas (LPG) is now stuck at the Strait of Hormuz due to movement limitations imposed on several vessels due to heightened regional tensions.
Six ships, each delivering around 45,000 metric tonnes of petroleum, are presently stranded in the key maritime corridor, according to Rajesh Kumar Sinha, Special Secretary at the Ministry of Ports, Shipping and Waterways. The total amount of LPG awaiting transit due to the stopped shipments is approximately 3 lakh metric tonnes.
Because of the importance of the Strait of Hormuz as a maritime route for energy shipments, which connect the Persian Gulf to the Arabian Sea, any problems with the passage might have a devastating effect on the world’s energy supply chains.
Shipments of LPG from India keep coming in, obstacles and all. The tanker Shivalik, under the Indian flag, arrived at Mundra Port the day before the Nanda Devi, flying the Indian flag, docked at Vadinar Port with 46,000 metric tonnes of LPG. Approximately 20,000 metric tonnes will be unloaded at Mundra, while 26,000 metric tonnes will be moved to New Mangalore Port.
In spite of the tense situation between Iran, the US, and Israel, both ships managed to transit the perilous trade route. The Jag Laadki is another ship that is now making its way to India with around 81,000 metric tonnes of crude oil that left the UAE.
