Negligible subsidy regime widens doors for pvt firms to expand domestic LPG

Reliance Gas, GoGas, and Aegis Gas could step up

With negligible subsidy being borne by the government on domestic Liquefied Petroleum Gas (LPG) cylinders, private players are looking to expand their domestic LPG business. This opens the doors further for companies, like Reliance Gas, GoGas and Puregas, that are already in the business. 

These private players were focussing more on commercial LPG since cooking gas subsidy was never available to them but only the government-owned oil marketing companies (OMCs). But with global LPG prices tempering, and the government quietly phasing out cooking gas subsidy in May 2020, the opportunity for private players in the domestic market has grown. Despite