Finance Bill fails to address LPG shortage, says DMK MP P. Wilson

Raising concerns over India’s growing vulnerability in liquefied petroleum gas (LPG) supplies, DMK MP from Rajya Sabha, P. Wilson on Friday questioned the Centre on the steps taken to address the current scarcity amid global tensions. Speaking during the debate on the Finance Bill, 2026, in the Rajya Sabha, he pointed out that India is now among the world’s largest LPG consumers, with annual demand touching nearly 31 million tonnes, but has storage capacity sufficient for barely three to four weeks.

He noted that nearly two-thirds of India’s LPG requirement is imported, largely from West Asia through the strategically sensitive Strait of Hormuz, leaving the country exposed to geopolitical shocks. This dependence, he said, was the result of the government’s failure to diversify energy sources and its slow pace in building natural gas infrastructure such as pipelines and LNG terminals. The prolonged underutilisation of the Kochi LNG terminal was cited as a case in point.