Natural Gas is compressed by cooling it to 161°C, at which temperature it becomes liquid and called Liquefied Natural Gas. LPG or Liquefied Petroleum Gas is one of the products derived from both crude oil and natural gas.
Speaking about the Liquefied Petroleum Gas (LPG) supply in the country, Puri said that the domestic LPG production has increased by 28% in the last five days.
Moscow's shipments were halted by Western sanctions, but Indian giants such as Reliance's Jamnagar, the world's largest refinery, devoured Urals grade and turned it into aviation fuel that ironically powered Europe's fleets affected by the restrictions, bringing in $6 billion in refined reward.
A sovereign nation’s policy works on sovereign interests. Sanctions or tariffs are just geopolitical hiccups that need occasional recalibration and working through. Be it crude oil, Liquefied Natural Gas (LNG), rare earths or any other commodity, the current global order is an intricate mesh of supply chains and logistical mechanics.
Reliance obtaining a general licence would mean accelerated Venezuelan oil exports and cut crude costs for the operator of the world's biggest refining complex, Reuters reported, adding that Reliance applied for the licence in January this year.