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Reliance Industries Share Price Slips as Company Steps Up LPG Output to Support Domestic Supply

Written by: Neha DubeyUpdated on: 11 Mar 2026, 11:23 pm IST
Reliance Industries said it will increase LPG production at its Jamnagar refinery and divert KG-D6 gas to priority sectors amid global energy volatility.
Reliance Industries Share Price Slips
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Reliance Industries Limited has issued a media statement outlining steps to support India’s energy security amid volatility in global energy markets. The company said it will increase LPG production at its Jamnagar refining and petrochemicals complex and divert natural gas from the KG-D6 basin to priority sectors.

The move is aimed at ensuring stable fuel supply to Indian households and key industries.

Reliance Plans Higher LPG Production

Reliance Industries stated that it is taking operational measures to maximise LPG output from its refining and petrochemicals complexes in Jamnagar, Gujarat. The company described the facility as the world’s largest integrated refining hub.

According to the statement, refinery teams are working continuously to optimise operations and increase LPG production. The effort is intended to maintain stable domestic supply of cooking fuel for households across the country.

Gas Supply to Priority Sectors

The company also indicated that natural gas produced from the KG-D6 basin will be redirected to priority sectors. This step will be implemented in line with guidelines issued by the Government of India.

The move is aimed at supporting sectors that depend heavily on reliable energy supply, while ensuring that national allocation priorities are maintained during a period of global market uncertainty.

Focus on Energy Security

Reliance said its actions are aligned with national priorities to ensure uninterrupted fuel availability. The company added that it will continue to work closely with the government and follow all regulatory and allocation guidelines.

The initiative reflects broader efforts by the energy sector to safeguard fuel availability and maintain supply stability in India amid fluctuations in global energy markets.

Reliance Industries Share Price Performance

Shares of Reliance Industries Limited traded lower during the morning session on 11 March 2026. The stock was quoted at ₹1,403.50, down about 0.38% from the previous close of ₹1,408.80.

The stock opened at ₹1,424.90 and moved between an intraday high of ₹1,434.00 and a low of ₹1,395.10, reflecting moderate volatility during the session.

Read More: Protean eGov Share Price in Focus as Company Receives Sales Tax Appeal Orders Related to PAN Services.

Conclusion

Reliance Industries’ latest announcement highlights measures aimed at strengthening India’s fuel supply during a period of global energy uncertainty. By increasing LPG production and prioritising natural gas allocation, the company seeks to support domestic energy needs while continuing to align its operations with national energy policies.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation or investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks. Read all related documents carefully before investing.

Published on: Mar 11, 2026, 10:28 AM IST

Neha Dubey

Neha Dubey is a Content Analyst with 3 years of experience in financial journalism, having written for a leading newswire agency and multiple newspapers. At Angel One, she creates daily content on finance and the economy. Neha holds a degree in Economics and a Master’s in Journalism.

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