New Delhi: Union Minister for Petroleum and Natural Gas Hardeep Singh Puri on Tuesday said that there is no shortage of petroleum products in the country.
He said India currently has 60 days of crude oil reserves, 60 days of LNG, and 45 days of LPG reserves available, adding that the country has strengthened its energy security system amid geopolitical tensions, especially in West Asia.
“There is no shortage of any petroleum product in the country,” the minister said, while addressing the CII Annual Business Summit 2026, noting that India remained unaffected even as several countries faced fluctuations in oil prices and supply challenges.
In a series of posts on X, he highlighted that India has increased its daily LPG production from 35,000 tonnes to 54,000 tonnes to ensure an uninterrupted supply.
According to him, during this period, many countries experienced volatility in oil prices and availability, but India’s supply situation remained stable.
Puri said that some attempts were made to spread rumours and create panic around fuel availability, but under the guidance of Prime Minister Narendra Modi, there was no shortage of petrol, diesel, or LPG anywhere in the country.
He stated that there is no crisis in India, adding that the prime minister had advised citizens only to moderate energy consumption to avoid fiscal strain, and not because of any supply issue.
The minister further said that India’s oil marketing companies are currently bearing losses of around Rs 1,000 crore per day, in order to protect consumers from global price volatility.
He added that despite crude oil prices nearly doubling globally, India has maintained stable petrol and diesel prices over the past four years and ensured uninterrupted fuel availability across more than 1 lakh retail outlets, along with LPG supply to 33.5 crore households.
Puri also said India has diversified its crude oil sourcing from 27 countries in 2006-07 to 41 countries at present, ensuring supply security from multiple regions.
He said India is strategically holding energy reserves for about 74 days and continues to expand capacity further.
The minister said the government activated a coordinated energy security mechanism through Operation Urja Suraksha, aimed at strengthening sourcing, boosting domestic production, and improving refinery coordination.
He added that LPG production was increased significantly while demand moderation measures helped reduce consumption levels, contributing to overall stability in supply.
Puri concluded that India’s energy sector is robust and secure, and urged against rumours or misinformation regarding fuel shortages.
