3 months ago
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Petroleum Minister Hardeep Puri connected Friday (March 6, 2026) said determination is nary shortage of vigor successful India and determination is nary origin of interest for its vigor consumers.
The Minister discussed assorted aspects of India's uninterrupted vigor imports contempt geopolitical challenges with the media. "Our precedence is to guarantee availability of affordable and sustainable substance for our citizens, and we are doing it comfortably. There is nary shortage of vigor successful India and determination is nary origin of interest for our vigor consumers," the Minister posted connected X.
Indian Oil Corporation rubbished reports connected societal media suggesting a shortage of petrol and diesel, and termed them arsenic baseless. "India has capable substance stocks, and proviso and organisation networks are functioning normally. IndianOil is committed to maintaining uninterrupted substance proviso crossed the country. Citizens are requested not to panic oregon assemblage substance stations and to trust lone connected authoritative sources for close information," IndianOil posted connected X.
While Russia accounted for lone 0.2% of India's full crude imports successful 2022, the stock has risen substantially successful the pursuing years. "In February, India imported astir 20% of its full crude lipid imports from Russia, amounting to astir 1.04 cardinal barrels per day," authorities sources said.
On the LPG front, the authorities has directed each LPG refineries to summation accumulation to guarantee capable availability crossed the country. Officials said India presently remains successful a comfy presumption regarding LPG stocks.
LPG from U.S. has started coming to India since January, the sources said. Indian PSU Oil companies successful November 2025 has signed a one-year declaration to import astir 2.2 MTPA of LPG from the U.S. Gulf Coast for the declaration twelvemonth 2026.
