Iraq is suffering an LPG crisis with prices countrywide almost tripling from the official subsidized price of ID5,000 ($3.9) per cylinder to ID10,000-20,000 ($7.7-15) due to shortages. This has been driven by the closure of the Strait of Hormuz, with the resultant crude oil production cuts meaning there was less associated gas to be delivered to Basrah Gas Company’s (BGC) NGL plants for processing.
Oil Minister Hayan Abdulghani has said that domestic demand is 6,000 t/d, but on 5 April, ministry spokesperson Abdulsahib Bazoon said output was just 4,500 t/d. (CONTINUED - 184 WORDS)