New Delhi: India has sufficient oil reserves to meet demand for nearly two months and firm LPG supplies for about a month, the Ministry of Petroleum and Natural Gas said on Thursday, dismissing concerns over shortages amid the ongoing West Asia crisis.
According to an official statement, the country’s total reserve capacity stands at about 74 days, with actual stock cover currently at around 60 days, including crude, petroleum products and strategic reserves. The government also confirmed that crude supplies for the next 60 days have already been secured, ensuring there is no immediate supply gap.
The ministry stressed that petrol and diesel supplies remain uninterrupted across the country, with over one lakh retail fuel outlets functioning normally and no rationing in place. It noted that India, being one of the world’s largest refiners and a net exporter of petroleum products, has a structurally strong domestic supply position.
On LPG availability, the government said domestic production has been ramped up significantly, now meeting more than 60 per cent of the daily requirement. The remaining demand is being met through imports, with around 800 thousand metric tonnes of LPG cargo already secured and en route from multiple countries. Oil companies are currently delivering over 50 lakh cylinders per day, it added.
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The ministry also highlighted that India continues to source crude oil from more than 41 countries, with increased global availability compensating for disruptions in traditional supply routes such as the Strait of Hormuz. All refineries are operating at over 100 per cent capacity to maintain steady fuel production.
Addressing concerns over supply shortages, the government warned against misinformation circulating on social media, stating that such claims are misleading and aimed at creating unnecessary panic. It urged citizens to rely only on official communication and cautioned that spreading false information about essential commodities could invite legal action.
The ministry reiterated that India’s energy ecosystem remains resilient, with adequate stocks, diversified sourcing, and robust infrastructure ensuring uninterrupted supply of fuel and cooking gas across the country.
