The Centre will release the remaining Rs 17,500 crore compensation to state-run oil marketing companies (OMCs) in FY27, in seven tranches, as part of a Rs 30,000 crore support package to offset mounting LPG under-recoveries, the petroleum ministry has informed the parliamentary standing committee on petroleum and natural gas. The ministry told the panel that under-recoveries on domestic LPG stood at Rs 41,267 crore as of March 31, 2025, reflecting the extent of financial stress on Indian Oil Corporation (IOC), Bharat Petroleum Corporation Ltd (BPCL) and Hindustan Petroleum Corporation Ltd (HPCL).