LPG shipments continue as Indian-flagged tankers exit Persian Gulf

Two more Indian-flagged liquefied petroleum gas tankers, Green Asha and Green Sanvi, have left the Gulf carrying fuel destined for India, Reuters reports, citing ship tracking data from LSEG and Kpler. 

A third vessel, Jag Vikram, remains in the western part of the Strait of Hormuz, the data indicated.

The U.S.-Israeli war against Iran has all but stopped shipping through the strait, but Iran states that "non-hostile vessels" may transit the waterway if they coordinate with Iranian authorities.

Green Asha and Green Sanvi have now passed through the Gulf region and are in the eastern Strait of Hormuz, the data showed, bringing the total number of Indian-flagged LPG carriers that have crossed the Strait to eight.

India is gradually moving its stranded LPG cargoes out from the strait, with Shivalik, Nanda Devi, Pine Gas, Jag Vasant, BW Elm, and BW Tyr already reaching Indian ports.

The country, the world's second-largest LPG importer, is facing its worst gas crisis in decades, with the government reducing industrial supplies to protect households from potential cooking gas shortages.

India consumed 33.15 million metric tons of LPG last year, with imports covering roughly 60% of that demand, and around 90% of those imports coming from the Middle East. 

The country is also loading LPG onto its empty vessels stranded in the Gulf.

By Jeyhun Aghazada