S&P 5007,785.76▼0.2% Nasdaq26,729.16▼0.3% Dow53,732.41▼0.2% Russell 2K3,068.42▲0.5% 10-Yr4.70%+6bp VIX14.25−0.38 WTI$82.40▲1.4% Gold$4,432.00▲1.6% EUR/USD1.157▲0.4% BTC$64,439▼0.4% Nikkei68,309▲1.2%
At close · Fri, Aug 14, 2026
Daily Market Updates.

Commodities

HomeCommoditiesEnergyIndia to expand piped cooking gas as LPG import costs…

India to expand piped cooking gas as LPG import costs surge

The incentive scheme starts September 1, 2026, aiming to convert more unbilled city gas connections into working piped natural gas service.

India is rolling out an incentive plan to push city gas distributors to expand piped natural gas connections as liquefied petroleum gas import costs have risen following supply disruptions tied to the Iran war, OilPrice reports. The move is intended to increase domestic cooking gas availability for households that rely on LPG. The Government of India approved an Incentive Scheme for Promotion of Domestic PNG Connections. The program is set to take effect on September 1, 2026 and is aimed at fast-tracking the expansion of active piped natural gas, so more families can shift to using piped gas in their kitchens sooner. According to the report, about 60% of Indian households use LPG as their primary cooking fuel, and the conflict has been felt through higher costs as India has had to source LPG from alternatives. The article also says that before the war, 90% of Indian LPG imports passed through the Strait of Hormuz, which has been affected. The government is seeking incentives for City Gas Distribution companies to convert unbilled connections into working gas connections and extend the PNG network to new areas, with the plan described as aimed at bringing cooking fuel that is clean, safe, and affordable. The article text cuts off after noting that the scheme applies to eligible city gas distributors.

Latest closeNat gas $2.715 ▼0.4%

More like this

Sources

Get the close, explained.

One email every trading day: what moved, why it moved, and what's on deck tomorrow. Read in 3 minutes.

Free. Unsubscribe anytime.