India is considering levies on cooking gas and natural gas consumers to fund a proposed $42 billion multi-fuel strategic reserve programme aimed at strengthening energy security after supply disruptions during the Iran conflict. The plan would expand strategic reserves beyond crude oil to include LNG and LPG storage for the first time.

India is considering levies on cooking gas and natural gas consumers to fund a proposed $42 billion multi-fuel strategic reserve programme aimed at strengthening energy security…

India is weighing new levies on LPG and natural gas to help fund a $42 billion plan to build strategic crude, LNG and LPG reserves.