Government Intensifies Monitoring Amid LP Gas Shortage in Market
Summary
The Department of Commerce, Supply and Consumer Protection has intensified monitoring activities after a cooking LP gas shortage in Kathmandu due to technical issues in transportation and consumer panic buying.
Key Points
- Shortage of cooking LP gas in the market is caused by transportation issues and panic buying among consumers.
- No evidence of gas hoarding was found during inspections of gas industries, depots, and distributors.
- Transportation responsibility lies with the Indian side per agreement, and recent reduction in bullet transportation caused a 15-20% supply drop.
- The technical transportation issue is minor and expected to be resolved within 5 to 10 days, but consumer stockpiling is leading to rapid depletion of gas supply.
