IOC and OMCs Enforce Lock-In Period to Manage LPG Cylinder Bookings Amid Supply Concerns

In response to a surge in LPG cylinder bookings amid concerns over the West Asia conflict, Indian Oil Corporation (IOC) and other oil marketing companies have enforced a lock-in period of 21 to 25 days between bookings of the second domestic LPG cylinder. Officials emphasize that there is no current shortage, with bottling plants operating normally and sufficient stock available. The measure aims to prevent panic buying, hoarding, and supply chain disruptions, stabilizing demand and ensuring uninterrupted cooking gas supply despite India's reliance on imports.