LPG Shortage Persists in Nepal Despite Oil Corporation's Claims of Supply Normalization
Summary
Despite claims by the Nepal Oil Corporation that LPG supply is normalizing, consumers in Nepal continue to face significant cooking gas shortages due to high demand and supply chain issues.
Key Points
- Nepal Oil Corporation claims LPG supply is gradually normalizing despite ongoing shortages.
- Demand for cooking gas has increased abnormally, up to 400 percent higher than supply in some cases.
- Key reasons for shortage include tender process issues with Indian suppliers, transportation disruptions, and consumer hoarding.
- Market normalization is expected within 8 to 12 days as new gas shipments have started arriving.
