News18» News»India»India Exported Nearly 9,300 Metric Tonnes of Oxygen in FY21 Despite Pandemic Rolling on
2-MIN READ

India Exported Nearly 9,300 Metric Tonnes of Oxygen in FY21 Despite Pandemic Rolling on

The tankers will be loaded in Vizag.

The tankers will be loaded in Vizag.

While exports from India has reached a 3-year high in just the first nine months of FY21, the government has now decided to float a tender for importing 50,000 MT of medical Oxygen from abroad.

With the supply of oxygen low across the country and state government demanding more supply from the Centre, official data shows that nearly 9,294 metric tonnes (MT) of Oxygen was exported by India in just the first three quarters of the 2020-21 financial year.

The officials figures of the Commerce Department, Oxygen exports in the April-January period of FY21 increased in comparison to last year and it was more than double the total 4,502 MT of exports in the previous year. This was in the form of liquid oxygen, which can be later channeled for both industrial and medical use, a report in Moneycontrol said.

Bangladesh, which has historically been the largest buyer of India’s oxygen exports, has received 8,828 MT. Exports had been as high as 13,844 MT in 2016-17, after which it been consistently reducing. Exports had fallen to 4219 MT in 2018-19, and just 3189 MT a year in 2019-20, before the pandemic hit.

But since then, demand has skyrocketed as the country battles its own coronavirus fueled crisis and suffers from a severe lack of large-scale Oxygen production. While the demand had mostly been due to industrial requirements earlier, the latest surge in imports is due to Dhaka’s rising need for medical Oxygen.

RELATED NEWS

“Linde Bangladesh, part of the multinational Linde group, a global leader in the international industrial gases market is the largest importer of Oxygen from India. The company supplies as much as 90 percent of the medical Oxygen required in major cities like Dhaka and Chittagong," a senior functionary of the Federation of Indian Export Organisation reportedly said.

While exports from India has reached a 3-year high in just the first nine months of FY21, the government has now decided to float a tender for importing 50,000 MT of medical Oxygen from abroad.

The Health Ministry recently said that it has requested the Ministry of External Affairs to identify and explore from where oxygen can be imported.

Last week Maharashtra, Delhi, Gujarat, Madhya Pradesh, Uttar Pradesh and other places, started reporting an acute shortage of Oxygen cylinders.

The government then clarified that India had a production capacity of 7,127 MT of oxygen per day. However, just after that, it ordered that supply of Oxygen for industrial purposes by manufacturers and suppliers will be prohibited from 22 April onwards, until further orders are given.

On April 18, India’s oxygen consumption touched an all-time high of 4,300 MT per day. Pre-COVID it was 850 MT per day and the previous peak was 3,100 MT on September 18, 2020. Average stock level in hospitals of several states had declined to 1 day as compared to 3 days before the pandemic.

Read all the Latest News and Breaking News here

first published:April 21, 2021, 09:23 IST